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Glarner Kantonalbank
''Glarner Kantonalbank'' is the cantonal bank and the dominant retail banking group in the Cantons of Switzerland, Swiss canton of Canton of Glarus, Glarus. In 2014, the bank was listed in the SIX Swiss Exchange. Branches In addition to the headquarters in Glarus, there are branches in Niederurnen, Näfels, Netstal, Schwanden, Glarus, Schwanden and Linthal, Glarus, Linthal, but not in Glarner Sernftal, which is traditionally served by Glarner Regionalbank AG. Ownership On 11 May 2010, Glarner Kantonalbank was transformed from an institution under public law into a public limited company under special law. Until an IPO in July 2014, it was wholly owned by the Canton of Glarus, with a majority stake of 68.24%. In addition to traditional advice in the Mortgage loan, mortgage and savings business, commercial lending, investment advice and asset management have gained in importance. Like the vast majority of all cantonal banks, the Glarus-based bank also has a so-called state guarant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schwanden, Glarus
Schwanden is a village, and former municipality, in the municipality of Glarus Süd and canton of Glarus in Switzerland. History Schwanden is first mentioned in 1240 as ''de swando''. In 1879, Schwanden was connected to the Swiss railway network by the opening of the Swiss Northeastern Railway line from Weesen. Between 1905 and 1969, the Sernftal tramway connected Schwanden with communities in the valley of the Sernf river as far as Elm. On 1 January 2011, Schwanden became part of the municipality of Glarus Süd. Geography Schwanden is situated at an elevation of at the point of confluence of the Linth and Sernf rivers. The village is located along the roads to Elm, Linthal and Schwändi, and includes the formerly independent (until 1876) hamlet of Thon. The villages of Nidfurn and Haslen lie to south in the valley of the Linth, whilst the village of Engi lies to the east in the valley of the Sernf. To the north, the village of Mitlödi lies in the valley of the Linth, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Companies Established In 1884
Swiss may refer to: * the adjectival form of Switzerland *Swiss people Places *Swiss, Missouri * Swiss, North Carolina *Swiss, West Virginia *Swiss, Wisconsin Other uses *Swiss-system tournament, in various games and sports *Swiss International Air Lines **Swiss Global Air Lines, a subsidiary *Swissair, former national air line of Switzerland *.swiss alternative TLD for Switzerland See also *Swiss made, label for Swiss products *Swiss cheese (other) *Switzerland (other) *Languages of Switzerland, none of which are called "Swiss" *International Typographic Style, also known as Swiss Style, in graphic design *Schweizer (other), meaning Swiss in German *Schweitzer, a family name meaning Swiss in German *Swisse Swisse is a vitamin, supplement, and skincare brand. Founded in Australia in 1969 and globally headquartered in Melbourne, and was sold to Health & Happiness, a Chinese company based in Hong Kong previously known as Biostime International, in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1884
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cantonal Banks
The cantonal banks (''German: Kantonalbank, French: banque cantonale, Italian: banca cantonale)'' are 24 Swiss government-owned commercial banks. Most of them were founded between 1834 and 1916, although the Banque cantonale du Jura was founded in 1979 – due to the separation of Jura from the Canton of Berne, which occurred in 1978. 21 are provided by the canton in which they are based with a guarantee for the assets held there. Description Traditionally, cantonal banks are especially strong in savings and mortgage products. Currently they are in the process of being partially privatised. The cantonal banks are organised and regulated by the Association of Swiss Cantonal Banks, with its office in Basel. As a group, the cantonal banks account for about 30% of the banking sector in Switzerland, with a network of over 800 branches and 16 000 employees in Switzerland. In 2014 consolidated total assets of all cantonal banks accounted around 500 bln CHF, which is comparable wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Switzerland
Systemically Important Banks Globally Systemically Important Banks *UBS Group AG *Credit Suisse Group AG Domestically Systemically Important Banks * Zurich Cantonal Bank * Banque cantonale vaudoise * Raiffeisen * PostFinance Top-tier Swiss banks Other Swiss-based banks with a significant presence domestically and overseas with considerable assets under management. *Julius Baer Group *Vontobel *Pictet Group *Lombard Odier * J. Safra Sarasin * Union Bancaire Privee *EFG International Family-owned Swiss banks * Banque Heritage * Bank SYZ * Bordier & Cie * Compagnie Bancaire Helvétique *Edmond de Rothschild Group * Geneva Swiss Bank * Gonet & Cie * E. Gutzwiller & Cie, Banquiers *Habib Bank AG Zurich * Hyposwiss Private Bank Genève SA *Landolt & Cie *Lienhardt & Partner Privatbank Zürich *Reichmuth & Co * REYL Group *Union Bancaire Privée * Rahn+Bodmer Co. *Vontobel Swiss branches of international banks Belgium *AXA Bank Europe, Brüssel, Zweigniederlassung Winterthur * Fort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cantonal Bank
The cantonal banks (''German: Kantonalbank, French: banque cantonale, Italian: banca cantonale)'' are 24 Swiss government-owned commercial banks. Most of them were founded between 1834 and 1916, although the Banque cantonale du Jura was founded in 1979 – due to the separation of Jura from the Canton of Berne, which occurred in 1978. 21 are provided by the canton in which they are based with a guarantee for the assets held there. Description Traditionally, cantonal banks are especially strong in savings and mortgage products. Currently they are in the process of being partially privatised. The cantonal banks are organised and regulated by the Association of Swiss Cantonal Banks, with its office in Basel. As a group, the cantonal banks account for about 30% of the banking sector in Switzerland, with a network of over 800 branches and 16 000 employees in Switzerland. In 2014 consolidated total assets of all cantonal banks accounted around 500 bln CHF, which is comparable wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Loan
A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or " repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glarner Regionalbank AG
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Glarner is a surname. Notable people with the surname include: * Fritz Glarner (1899–1972), Swiss-American painter * Jean Glarner (born 1940), Swiss field hockey player * Stefan Glarner (born 1987), Swiss footballer See also * Garner (surname) Garner is an English surname. Notable people with the surname include: *Abigail Garner (born 1975), American author and advocate * Alan Garner (other), several people * Alice Garner (born 1969), Australian actress, author, musician, teache ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sernftal
The Sernftal or ''Kleintal'' is an alpine valley within Glarus Süd, in the canton of Glarus, Switzerland. It is formed by the Sernf, a right tributary of the Linth. Situated in the Sernftal are the villages of Elm (977 m) and Engi (812 m). The Panix Pass at 2407 m connects the Sernftal with the anterior Rhine valley in Grisons. Geography The valley is the site of an important geological feature of the Glarus Alps, the ''Glarner Hauptüberschiebung'', a notable fault in alpine geology. A scale model of the feature is on exhibit in the American Museum of Natural History. Name The name ''Sernf'' (earlier also ''Sernft'') is of pre-Germanic origin, either Celtic or an example of Old European hydronymy. It derives from a hypothetical ''*Sarnivos'', containing a PIE root ''*ser'' "to flow". The name of the Sernf river has received some attention in German online culture as the "fifth German word in ''-nf''", popularized by Bastian Sick in his Spiegel Online blog. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linthal, Glarus
Linthal is a village, and former municipality, in the municipality of Glarus Süd and canton of Glarus in Switzerland. The village lies near the head of the valley of the Linth river, and at the foot of the Klausen Pass into the canton of Uri. It is the terminus of the railway line that traverses the length of Glarus. History Linthal is first mentioned in 1289 as ''Lintal''. In 1879, Linthal was connected to the Swiss railway network by the opening of the Swiss Northeastern Railway line from Weesen. The road over the Klausen Pass was built between 1895 and 1900. Construction of the Linth–Limmern hydro-electric power scheme, in the mountains above Linthal, commenced in 1957, and was fully operational by 1968. In 2011, the municipality of Linthal was merged into the new municipality of Glarus Süd. Geography The village Linthal lies at the head of the valley of the Linth river, at an altitude of approximately . It is surrounded by mountains, including Ortstock (), Clariden ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netstal
Netstal is a former municipality in the canton of Glarus in Switzerland. Effective from 1 January 2011, Netstal is part of the municipality of Glarus. History Netstal is first mentioned in 1289 as ''Netstal''. Geography Netstal has an area, , of . Of this area, 30.8% is used for agricultural purposes, while 32.8% is forested. Of the rest of the land, 9.6% is settled (buildings or roads) and the remainder (26.9%) is non-productive (rivers, glaciers or mountains). Netstal is located in the ''Glarner Mittelland'' on the eastern foot of the Wiggis mountain and at the confluence of the Löntsch river (from the Klöntal) into the Linth river. It consists of the hamlets of Netstal, Leuzingen and Löntschen. Demographics Netstal had a population (as of 2010) of 2,875. , 25.4% of the population was made up of foreign nationals. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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