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Hyposwiss Private Bank Ltd was a Swiss private bank, located in Zurich, closed in 2013. It should not be confused with Hyposwiss Private Bank Genève SA, an independent entity, located in Geneva. Both banks were having the same shareholder until 2013 ==History== Hyposwiss was founded in 1889 as Schweizerische Hypothekenban. In 1988 Union Bank of Switzerland, which later became UBS, took it over, and in 2002 St.Galler Kantonalbank (SGKB) acquired it and it changed its name to Hyposwiss Private Bank Ltd.〔 In 2008, SGKB acquired Anglo Irish Bank (Suisse) SA and adopted a new corporate name for the Geneva entity: Hyposwiss Private Bank Genève SA. Both entities remained independent.〔 Hyposwiss Private Bank Ltd services include private banking, wealth management, financial planning, and investment advice.〔〔 It is the private banking centre in the St.Galler Kantonalbank Group, a regional bank based in St. Gallen, Switzerland. In December 2008, it said it had $50 million invested with Bernard Madoff, which was around 0.14 percent of the bank's 40 billion Swiss francs ($34.19 billion) in assets under management. Its parent company said it was not hurt by the exposure of Hyposwiss to the Madoff fraud. In December 2010, Irving Picard, trustee of assets seized by the court from Bernard Madoff, sued Hyposwiss, asserting that its managers ignored warnings that the Madoff investments were in fact fraudulent. In June 2011, it reappointed to its board of directors Dr. Hans Bodmer, a lawyer who had pleaded guilty to a money laundering conspiracy in a 2004 guilty plea in Manhattan federal court. Bodmer had been indicted in 2003, arrested in South Korea on a U.S. warrant, extradited to the U.S., and pleaded guilty after spending months in prison.〔 In November 2011, Bodmer resigned.〔 In 2011, it had client assets of 9.748 billion CHF.〔 In June 2013, it was reported that St.Galler Kantonalbank was selling part of Hyposwiss Private Bank Ltd to different buyers and integrating the remainder, to strengthen its core business and reduce business risks. Hyposwiss Private Genève SA has been sold at the same time to Mirelis InvesTrust SA 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Hyposwiss Private Bank」の詳細全文を読む スポンサード リンク
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