17.03.2017 – 18:04

EQS-Adhoc: Bellevue Group AG: Restructuring at Bank am Bellevue AG


EQS Group-Ad-hoc: Bellevue Group AG / Key word(s): Restructure of Company
Bellevue Group AG: Restructuring at Bank am Bellevue AG

17-March-2017 / 18:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
--------------------------------------------------------------------------------
Media Release

Küsnacht, March 17, 2017

 

Restructuring at Bank am Bellevue AG
 

Bank am Bellevue AG is discontinuing its Brokerage and Corporate Finance
activities following the completion of the necessary consultation process

23 positions made redundant

Bank am Bellevue AG published a media release on February 21, 2017 announcing
its intention to discontinue its Brokerage and Corporate Finance operations.

With the conclusion of the mandatory consultation process with the employees
concerned, the Board of Directors decided to discontinue the Brokerage and
Corporate Finance activities today. This will result in the loss of 23 job
positions. Bank am Bellevue will enter into individual separation agreements
with the employees during the coming days.
 

Contact:

Media Relations: Jürg Stähelin, IRF Communications
Telephone +41 43 244 81 51,  juerg.staehelin@irfcom.ch

Media / Investor Relations: Daniel Koller, CFO
Telephone +41 44 267 67 00;  ir@bellevue.ch

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=IGAIOUFVNO
Document title: Media Release (PDF)
--------------------------------------------------------------------------------
End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Bellevue Group AG

          Seestraße 16

          8700 Küsnacht

          Switzerland

Phone:    +41 44 267 67 00

Fax:      +41 44 267 67 01

E-mail:    info@bellevue.ch

Internet: www.bellevue.ch

ISIN:     CH0028422100

Valor:    A0LG3Z

Listed:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

--------------------------------------------------------------------------------

555349  17-March-2017 CET/CEST

EQS-Adhoc: Bellevue Group AG: Restructuring at Bank am Bellevue AG

EQS-News: Bellevue Group's operating profit at CHF 14.5 mn - increase in recurring revenues - assets under management at record high

EQS-Adhoc: Bellevue Group AG: Planned restructuring of Bank am Bellevue AG

EQS-Adhoc: Bellevue Group with operating profit of CHF 14.4 million - break-even pre-tax profit despite e.o. impairments and write-downs