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2020 Financial news

25 November 2020

Fabrice Welsch to be new head of BCV’s Asset Management & Trading Division

BCV’s Board of Directors has appointed Fabrice Welsch to the Bank’s Executive Board as head of the Asset Management & Trading Division. Mr. Welsch, currently head of the Bank’s occupational pension and financial planning department, will take up his new position on 1 January 2021. He will replace Stefan Bichsel, who will retire on 31 December 2020.

08 October 2020

Ethos and BCV to pool their expertise in sustainable finance

Ethos Foundation, which specializes in socially responsible investing (SRI), and BCV, Switzerland’s fifth-largest universal bank, have entered into a long-term strategic partnership through which they will offer sustainable investment products. In the first phase, six Ethos funds will be managed by BCV’s Asset Management department.

20 August 2020

BCV Group posts solid H1 2020 net profit of CHF 158m, in a business environment impacted by Covid-19

BCV Group’s H1 2020 financial results were down from the prior year but nevertheless remained solid. After a record year in 2019, net profit came in at CHF 158m, a decline of 13% from H1 2019. Revenues decreased 5%, or CHF 25m, to CHF 477m, and operating profit fell 14%, or CHF 30m, to CHF 179m.

05 June 2020

BCV share to join the STOXX Europe 600 Index

The BCV share will be included in the STOXX Europe 600 Index as of European market open on 22 June 2020.

24 May 2020

BCV to carry out 10-for-1 split; share to join MSCI World Index

BCV’s 10-for-1 stock split will be carried out at market open on 28 May 2020 as scheduled. The split was announced in February and later approved by over 98% of shareholder votes cast at the Bank’s 2020 Annual Meeting. The share will also be included in the MSCI World Index as of Swiss market close on 29 May 2020.

30 April 2020

All resolutions approved at BCV’s annual meeting

BCV's Annual Shareholders’ Meeting was held today in Lausanne, Switzerland. Given the exceptional circumstances caused by the coronavirus outbreak, and in accordance with the provisions set out by the Swiss Federal Council, shareholders were not physically present at the meeting, but instead exercised their voting rights through an independent proxy.

30 March 2020

2019 Annual Report

BCV’s 2019 Annual Report is now available on our website

27 February 2020

BCV Group posts rise in FY 2019 revenues, operating profit, and net profit

BCV Group delivered very solid FY 2019 results. Revenues were up 3% to CHF 1.0bn despite the negative-interest-rate environment.