Bank Frey & Co.
| Bank Frey & Co. AG | |
|---|---|
|
|
| Country |
 Switzerland
|
| Seat | Zurich |
| legal form | Corporation |
| founding | 2002 |
| Website | bank-frey.com |
| Business data 2009 | |
| Total assets | CHF 244.9 million |
| Employee | 25th |
| management | |
| Corporate management |
Ernst Specht |
The Bank Frey & Co. AG , based in Zurich was on asset management and private banking specialized Swiss private bank . It was founded in 2002 and, at the end of 2011, had 33 employees and managed client assets of more than 1.8 billion Swiss francs .
history
The bank's roots go back to the Niederer Kraft & Frey law firm co-founded by Hugo A. Frey in 1936 . In 1941, in addition to his legal work, he began to take care of asset management mandates for clients. In 1995 his asset management business was outsourced to ZT Zurich Trust AG, from which Frey's son Markus A. Frey later founded Bank Frey & Co. AG and incorporated it into the Frey Group Holding , which is majority-controlled by the Frey family .
Since 2012, the bank has been under investigation by the United States Department of Justice on suspicion of aiding and abetting tax evasion . In April 2013, charges were brought against former management board member Stefan Buck and a lawyer from Niederer Kraft & Frey.
On October 17, 2013, the bank announced that it would cease operations.
Web links
Individual evidence
- ↑ Entry of “Bank Frey & Co. AG” in the commercial register of the Canton of Zurich ( Memento of the original dated April 30, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Annual Report 2009 (PDF)
- ↑ Handelszeitung : US tax dispute: Bank Frey am Ende , October 17, 2013.
- ↑ Bank Frey & Co. AG will cease its activities as a bank ( Memento of the original from October 17, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed October 17, 2013.
