LGT Group

LGT Group
Private
Industry Financial Services
Founded 1920
Headquarters Vaduz, Liechtenstein
Number of locations
20+
Key people

Prince Maximilian, CEO and President

Prince Philipp Erasmus, Chairman of the Board of Trustees
Products Private Banking, Asset management, Hedge fund and Private equity
Owner Prince of Liechtenstein Foundation
Number of employees
1,950
Website www.lgt.com
LGT Bank in Liechtenstein, Head Office, Vaduz, Liechtenstein.

LGT Group is the private banking and asset management group of the princely House of Liechtenstein. LGT, originally known as The Liechtenstein Global Trust, is the largest family-owned private wealth and asset manager in Europe, wholly owned by the Prince of Liechtenstein Foundation.

LGT is headquartered in Vaduz, Liechtenstein, with approximately 1,950 employees in over 20 offices around the globe, Asia, Europe, the Middle East, North America, and South America.[1]

LGT, operates through several divisions:

History

(Info can be found on the official website)

Controversy

The German tax authorities commenced numerous audits and prosecutions for tax fraud in the tax haven Liechtenstein based on information on a CD acquired by the German secret service Bundesnachrichtendienst. The CD, containing large amounts of information on accounts held by German citizens and other nationals with the bank, was allegedly obtained for a sum of €4 million from a former employee or contractor of the bank.[3] Information was also forwarded to many other European states and Australia, leading to successful investigations there.

Rating

Rating: Standard & Poor's / Moody's (2014)

Locations

Europe

Other Locations

References

External links

This article is issued from Wikipedia - version of the 10/10/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.