FINMA lifts injunction on Bank am Bellevue

FINMA lifts injunction on Bank am Bellevue

ID: 102880

(Thomson Reuters ONE) -
Bellevue Group AG /
FINMA lifts injunction on Bank am Bellevue
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

Bank am Bellevue welcomed FINMA's decision to lift its injunction barring the
bank from offering new clients portfolio management and investment advisory
services.



In its ruling of March 14, 2011, FINMA issued an injunction in connection with
its investigation into the sia Abrasives case that barred Bank am Bellevue from
pursuing any new client acquisition activities in the areas of portfolio
management and investment advisory.



Bank am Bellevue has thoroughly reviewed and revised its operating structures
and procedures as well as its control mechanisms within this context. These
measures were examined and verified by an independent external auditor.



The FINMA has now lifted its injunction with immediate effect.







Investor calendar:

Annual Report 2011                              27 February 2012

Annual General Meeting 2012                19 March 2012





Contact:

Media / Investor Relations: Daniel Koller, CFO

Telephone +41 44 267 67 00, Fax +41 44 267 67 01, ir(at)bellevue.ch





Bellevue Group

The Bellevue Group is an independent Swiss financial group domiciled in
Küsnacht. The parent company Bellevue Group AG is listed on the SIX Swiss
Exchange.

Bank am Bellevue is a provider of research and brokerage services in Swiss
equities and selected international stocks as well as corporate finance
services.

Bellevue Asset Management manages specialized equity investment vehicles focused




on selected sector and regional strategies and provides selected institutional
asset management services.




Press Release Bellevue Group_10.01.12 (PDF):
http://hugin.info/137269/R/1576574/491375.pdf




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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Bellevue Group AG via Thomson Reuters ONE

[HUG#1576574]


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Bereitgestellt von Benutzer: hugin
Datum: 10.01.2012 - 18:15 Uhr
Sprache: Deutsch
News-ID 102880
Anzahl Zeichen: 2837

contact information:
Town:

Küsnacht/Zürich



Kategorie:

Business News



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"FINMA lifts injunction on Bank am Bellevue"
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Revenues affected by low stock market volumes ...

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