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Luzerner Kantonalbank, with a market capitalization of CHF 3.24 billion, offers a stable dividend yield of 3.8% backed by a low payout ratio of 46.5%. Recent earnings growth of 15.8% enhances its appeal, despite trading below estimated fair value. The Swiss market's slight downturn highlights the attractiveness of dividend stocks for reliable income amid volatility.
Radicant, a subsidiary of Basellandschaftliche Kantonalbank (BLKB), is merging with fintech Numarics to enhance its offerings for SMEs and private customers. The merger, pending approval from the Swiss Financial Market Supervisory Authority, aims to create a comprehensive banking and financial platform, with Radicant's CEO Anton Stadelmann leading the new entity based in Liestal.
Radicant, a subsidiary of BLKB, is partnering with fintech Numarics to enhance its banking and financial services for private and SME customers. The merger aims for Radicant to achieve break-even by 2027/28, while maintaining a focus on sustainability and expanding digital solutions. No job cuts are planned, and a new six-member Board of Directors will be appointed equally from both companies.
Radicant, a subsidiary of BLKB, is merging with Zurich-based start-up Numarics to enhance its services for SMEs and private customers. The new entity, employing nearly 180 people, will be headquartered in Liestal and aims to achieve financial sustainability by 2027/28. Anton Stadelmann will lead the merged company, with a board comprising equal members from both firms.
BLKB's subsidiary Radicant is merging with fintech Numarics to enhance its offerings for private customers and SMEs, aiming for break-even by 2027/28. The merger will expand Radicant's services in sustainable banking and investment, while broadening its investor base with participation from venture capital firms. Radicant will continue under CEO Anton Stadelmann, with a new six-member Board of Directors formed from both companies.
Basellandschaftliche Kantonalbank (BLKB) is set to merge its subsidiary Radicant with fintech Numarics, pending regulatory approval. This merger aims to enhance services for private customers and target SMEs, with plans for a fully integrated range of banking and administrative services. Radicant's CEO, Anton Stadelmann, will lead the new entity, which will be headquartered in Liestal and governed by a six-person Board of Directors from both companies.
Basellandschaftliche Kantonalbank, a Swiss commercial bank, is set to merge with Numarics. The bank serves both private and corporate customers, offering a range of services including private banking, real estate services, investment advice, and various financial products through its approximately twenty branches in the canton of Basel-Landschaft.
Radicant and Numarics AG are merging to enhance their offerings for private individuals and SMEs, creating a platform that integrates banking, investment, and digital administration. The new entity will provide comprehensive financial services, including bookkeeping and digital bank accounts, under the Radicant name, with Anton Stadelmann as CEO. Basellandschaftliche Kantonalbank remains the main shareholder, alongside investors like UBS, as Radicant seeks to alleviate its financial burdens while expanding its services.
In a strategic move, radicant bank ag and Numarics AG plan to merge, aiming to create a comprehensive banking, financial investment, and administration platform for private and SME clients. The merger, pending regulatory approval, will enhance service offerings and broaden the investor base, with BLKB as the main shareholder. Anton Stadelmann, former CEO of radicant, is set to lead the new entity, which will be headquartered in Liestal.
Numarics AG and radicant bank ag, both subsidiaries of Basellandschaftliche Kantonalbank (BLKB), have announced plans to merge, pending regulatory approval. This merger aims to create a comprehensive banking and financial services platform for private and SME clients, enhancing their offerings and market presence. BLKB will remain the majority shareholder, with additional investments from venture capital firms.
Basellandschaftliche Kantonalbank
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