18.12.2013 07:33:32
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Press Release: Valartis Bank AG, Switzerland, decides not to participate in the US Tax Programme for Swiss Banks for the time being
Valartis Group AG / Valartis Bank AG, Switzerland, decides not to participate in the US Tax Programme for Swiss Banks for the time being . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
After a detailed review procedure, the Board of Directors of Valartis Bank AG, Switzerland, has decided not to participate in the US Programme in Category 2. In accordance with the US Programme and its' deadlines, the Bank will decide at a later time whether to register for Category 3 or not to participate at all.
Valartis Bank AG, Switzerland, is a wholly owned subsidiary of Valartis Group AG, a company listed on the SIX Swiss Exchange, with offices in Zurich, Geneva and Lugano.
If you have any questions, please contact:
Kim-My Schefer, Head Corporate Communications & Marketing
Phone +41 43 336 81 11
k.schefer@valartis.ch
Valartis Group - Private Banking Plus
Valartis Group is an internationally active banking and finance group with offices in Zurich, Geneva, Lugano, Vienna, Liechtenstein, Luxembourg, Moscow and Singapore. The Group's holding company, Valartis Group AG, is domiciled in Baar, canton of Zug, and is listed on the Swiss stock exchange SIX Swiss Exchange.
Valartis Group focuses on the wealth management business for wealthy private clients and institutional investors: Private Banking Plus. In addition to traditional wealth management and investment advisory services, Valartis Group develops, manages and markets innovative niche investment products and provides specialised advisory and banking services within corporate and structured finance. The Group's core markets include Central and Eastern Europe, the Middle East and selected countries in North and South America as well as Asia.
www.valartisgroup.ch
Media Release (PDF): http://hugin.info/143135/R/1750715/590026.pdf
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Valartis Group AG via Globenewswire
HUG#1750715
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Valartis Group AG
Blegistrasse 11a Baar ZG Switzerland
ISIN: CH0001840450;
http://www.valartisgroup.ch/ (END) Dow Jones Newswires
December 18, 2013 01:00 ET (06:00 GMT)- - 01 00 AM EST 12-18-13
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