Bank Cler
| Bank Cler AG | |
|---|---|
|
|
| Country |
 Switzerland
|
| Seat | Basel |
| legal form | Corporation |
| ISIN | CH0018116472 |
| IID | 8440 |
| BIC | BCLRCHBBXXX |
| founding | 1927 |
| Website | www.cler.ch |
| Business data 2018 | |
| Total assets | 17.9 billion CHF |
| insoles | CHF 12.1 billion |
| Customer credit | 15.5 billion CHF |
| Employee | 448 |
| Offices | 31 |
| management | |
| Board of Directors | Basil Heeb ( Chairman of the Board ) |
| Corporate management |
Mariateresa Vacalli |
The Bank Cler , formerly Bank Coop , a Swiss banking firm based in Basel . Her main area of activity is retail banking for private individuals and small and medium-sized companies .
The bank's shares Cler, where the Basler Kantonalbank since March 2017 holds 75.8% were on the Swiss Exchange until November 2018 , SIX Swiss Exchange listed .
history
Today's Bank Cler was founded on October 30, 1927 by the Association of Swiss Consumers (today Coop ) together with the Swiss Confederation of Trade Unions as a cooperative central bank . In 1970, the delegates' meeting of the members of the cooperative decided to transform the company into a stock corporation.
In 1995 the name was changed to Coop Bank . On December 20, 1999, Basler Kantonalbank took over the majority stake, and in 2001 the name was changed to Bank Coop . As of the end of 2009, Basler Kantonalbank held a 57.6% share; a further 10.4% were held by the former parent company Coop , 5.1% by the trade union associations and 1.1% by the bank in the trading portfolio and in financial investments. The rest was in free float .
In March 2017, Coop sold its remaining shares to Basler Kantonalbank. On May 20, 2017, the institute was renamed Bank Cler ( Romansh for “clear, simple, clear”).
On June 20, 2018, Basler Kantonalbank announced that it would take over 100% of Bank Cler. In October 2018, Cler was certified as climate neutral . In November 2018, SIX approved the delisting of the shares. As of September 2019, payment transactions were outsourced to Swisscom .
Holdings
Bank Cler has a stake in the Aduno Group , among others .
Criticism of the former bank Coop
Incorrect delivery of customer statements
The final invoices from some of the customers for 2013 were incorrectly sent to the wrong addresses due to a program error. In June 2014, Bank Coop announced that an independent investigation report by Deloitte AG came to the conclusion that a chain of unfavorable circumstances and inadequate controls led to the wrong shipment. Due to errors in the introduction of a new account statement supplement, statements from 43,000 customers were enclosed with other addressees, 31,000 customers received final bills from themselves and from other people.
Price manipulation
In October 2014, Bank Coop was reprimanded by the Swiss Financial Market Supervisory Authority (FINMA) for manipulating the price of its own bearer shares between 2009 and 2013. There were "substantial support purchases" to counteract a decline in the rate. In doing so, the bank seriously violated the supervisory prohibition of market manipulation and its guarantee and organizational obligations. FINMA issued a three-year professional ban against the former CEO, Andreas Waespi, who left the bank at the beginning of August 2014.
Web links
Individual evidence
- ↑ a b Entry in the bank master of Swiss Interbank Clearing
- ↑ Bank Cler with a successful 2018 financial year Bank Cler, February 14, 2019, accessed on March 20, 2019.
- ↑ The people behind Bank Cler, accessed on September 16, 2019.
- ↑ Bank Coop becomes Bank Cler . In: Finanz und Wirtschaft , March 23, 2017.
- ↑ Takeover offer by Basler Kantonalbank for Bank Cler In: bkb.ch, June 20, 2018, accessed on October 5, 2018.
- ↑ Basler Kantonalbank publishes provisional final result on the takeover offer for Bank Cler AG In: bkb.ch, October 4, 2018, accessed on October 5, 2018.
- ↑ Bank Cler receives the “CERTIFIED CO2 NEUTRAL” quality mark from Swiss Climate. In: moneycab.com. October 30, 2018, accessed November 13, 2018 .
- ↑ SIX approves Bank Cler's withdrawal from the stock exchange. In: cash.ch. November 8, 2018, accessed November 16, 2018 .
- ↑ Armin Schädeli: Swisscom is now linking banks to local and global payment systems. In: swisscom.ch. October 2, 2019, accessed October 2, 2019 .
- ↑ Aduno Group is planning further digital services. In: finews.ch . August 16, 2018, accessed May 30, 2019 .
- ↑ Bank Coop sends bank statements to wrong addresses. In: Neue Zürcher Zeitung / sda of January 8, 2014.
- ↑ Program errors caused incorrect deliveries in year-end mailings. Media release of January 7, 2014, accessed January 8, 2014.
- ↑ Problems sending the year-end documents. Customer information dated January 8, 2014, accessed on January 8, 2014.
- ↑ Investigation of incorrect deliveries in year-end mailings 2013 completed. Media release from June 2, 2014, accessed on June 2, 2014.
- ↑ Bank Coop manipulated its own course - professional ban for ex-CEO. In: Tages-Anzeiger . ch / sda of October 29, 2014.