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2015 Financial news

23 December 2015

BCV reaches agreement on US tax issue

BCV and the US Department of Justice (DoJ) have signed a non-prosecution agreement (NPA) with respect to BCV’s participation as a category 2 financial institution in the 2013 USA/Switzerland tax program.

12 November 2015

BCV Group operating profit up 9% to CHF 390m

BCV Group's results at 30 September 2015 were in line with the trend seen earlier in the year. A combination of higher revenues and lower operating costs during the first nine months pushed operating profit up 9% to CHF 390m.

02 November 2015

Peter Ochsner named to BCV's Board of Directors

The Vaud Cantonal Government has appointed Peter Ochsner to BCV's Board of Directors. Mr. Ochsner, who has extensive experience in corporate auditing and deep knowledge of the banking sector, will take up his position on 1 July 2016.20 August 2015BCV Group operating and net profit up sharply in H1 2015

22 May 2015

Moody’s upgrades BCV

Rating agency Moody’s yesterday announced that it had raised BCV’s long-term deposit rating by two notches, from A1 to Aa2.

23 April 2015

All resolutions approved at BCV’s annual meeting

BCV's Annual Shareholders' Meeting was held today at the Palais de Beaulieu in Lausanne, Switzerland. The meeting was attended by 786 shareholders, representing 79.36% of the Group's capital. All items on the agenda were approved, including the compensation of the members of the Board of Directors and the Executive Board, which was accepted by more than 97% of the votes cast.

23 April 2015

BCV Group Q1 revenues and operating profit show strong rise

BCV Group experienced a firm business trend in the first quarter of 2015. Revenues climbed 5% year-on-year to CHF 260 million, and operating profit rose 11% (+CHF 13m) to CHF 131m.

02 April 2015

BCV's 2014 Annual Report

BCV’s 2014 Annual Report is now available on our website www.bcv.ch. The 2014 Annual Report contains the financial statements of the Bank and BCV Group at 31 December 2014.

19 February 2015

Net profit up 6% at BCV Group in 2014

BCV Group has delivered solid 2014 results. In an environment that remains mixed, operating profit edged up 1% to CHF 476m and net profit rose 6% to CHF 296m on the back of stable revenues (CHF 993m) and operating expenses (CHF 517m). At the upcoming Annual Shareholders’ Meeting, the Board of Directors will propose an ordinary dividend of CHF 22 per share, as well as a special distribution of CHF 10 per share out of paid-in reserves, in accordance with the distribution policy announced in 2013. Altogether, the Group will pay out CHF 275m to shareholders.