Raiffeisen

Cooperative of Swiss banks

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April 2022 Pierin Vincenz and Beat Stocker were sentenced to prison for causing financial damage through hidden personal investments and unauthorized expenses, including charging Raiffeisen for private activities like strip club visits and Tinder dates.
2020 Raiffeisen cooperative shareholders received an interest rate between 3% and 4% as determined by the annual general assembly.
June 2018 FINMA concluded its eight-month investigation and terminated enforcement proceedings against Raiffeisen.
May 2018 Raiffeisen sells Notenstein Private Bank to Vontobel private bank for CHF 700 million
2017 The Swiss Financial Market Supervisory Authority (FINMA) launched enforcement proceedings against Raiffeisen Switzerland regarding corporate governance issues and former chairman Pierin Vincenz's conflicts of interest.
2015 Raiffeisen expands Notenstein Private Bank by taking over the client base and employees of La Roche private bank
2014 Raiffeisen Switzerland acquires 100% ownership of Raiffeisen Unternehmerzentrum AG (Raiffeisen entrepreneur center)
2012 Raiffeisen group fully acquires Notenstein Private Bank

This contents of the box above is based on material from the Wikipedia article Raiffeisen (Switzerland), which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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