FINMA ends its sia Abrasives investigation
(Thomson Reuters ONE) -
Bellevue Group AG /
FINMA ends its sia Abrasives investigation
Processed and transmitted by Thomson Reuters.
The issuer is solely responsible for the content of this announcement.
Bank am Bellevue welcomes the closure of FINMA's investigation of matters
relating to sia Abrasives.
Bank am Bellevue does not share the agency's legal and de facto ruling and
reserves the right to have the case at hand reviewed by the Federal
Administrative Court.
The analysis of the transactions in question did bring to light certain
organizational shortcomings, however. Bank am Bellevue immediately took action
on its own initiative to remedy this situation and FINMA positively acknowledged
these efforts. Bank am Bellevue will continue to optimize its structures and
control mechanisms going forward and make adjustments to address the new
challenges.
The announcement by FINMA can be downloaded by clicking on this link:
http://www.finma.ch/e/medien/pages/medienmitteilungen.aspx
For questions:
Media / Investor Relations: Daniel Koller, CFO
Telephone +41 44 267 67 00, Fax +41 44 267 67 01, dak(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.
--- End of Message ---
Bellevue Group AG
Seestrasse 16; Postfach Küsnacht/Zürich Switzerland
WKN: A0LG3Z;ISIN: CH0028422100;
Media Release_Bellevue Group (PDF):
http://hugin.info/137269/R/1497179/432973.pdf
This announcement is distributed by Thomson Reuters on behalf of
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(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#1497179]
Unternehmensinformation / Kurzprofil:
Datum: 16.03.2011 - 07:31 Uhr
Sprache: Deutsch
News-ID 52470
Anzahl Zeichen: 2677
contact information:
Town:
Küsnacht/Zürich
Kategorie:
Business News
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"FINMA ends its sia Abrasives investigation"
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