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Michael Hartmann has been appointed as a new member of the Group Executive Board at Liechtensteinische Landesbank (LLB), effective July 1, 2025, succeeding Urs Müller. With over 35 years in the financial sector, Hartmann will lead the Private and Corporate Clients division, overseeing corporate and direct client business, private banking, and investment advisory across Liechtenstein, Switzerland, and Germany. Until his arrival, Group CEO Gabriel Brenna will manage the division on an interim basis.
Michael Hartmann has been appointed as a new member of the Group Executive Board of Liechtensteinische Landesbank (LLB), effective July 1, 2025. He will succeed Urs Müller, who is retiring after 14 years. Hartmann, previously with Zürcher Kantonalbank, will lead the Private and Corporate Clients division.
Michael Hartmann has been appointed as a new member of the LLB Group Executive Board, effective July 1, 2025, succeeding Urs Müller, who will retire after 30 years with the group. Hartmann brings over 35 years of experience in the financial sector, having held significant roles in private banking and corporate client business. Group CEO Gabriel Brenna expressed confidence in Hartmann's leadership and expertise, emphasizing the importance of supporting clients collaboratively.
Michael Hartmann has been appointed as the new Head of the Private and Corporate Clients Division at Liechtensteinische Landesbank, effective July 1, 2025, succeeding Urs Müller, who is retiring. With over 35 years of experience in the financial sector, Hartmann has held various management roles and was most recently leading Private Banking in Zurich West at Zürcher Kantonalbank.
Swiss banks are advertising significantly fewer job vacancies compared to a year ago, with around 570 positions listed at the end of December, down from over 900 in December 2023. UBS has seen a slight increase in job postings, with a 15 percent rise from the previous month, but overall vacancies across the ten largest banks fell by 3 percent from November to December. Notably, the number of job advertisements at Credit Suisse and UBS combined has halved in the past year.
Mobimo Holding AG has successfully placed a CHF 120 million Green Bond on the Swiss capital market, marking its tenth bond issue. The fixed-rate bond features a 1.35% coupon and a term of 6.2 years, maturing on March 28, 2031, with trading set to begin on the SIX Swiss Exchange on January 27, 2025. Proceeds will finance sustainable projects in accordance with Mobimo's Green Bond Framework, with Zürcher Kantonalbank and Luzerner Kantonalbank AG serving as Joint Lead Managers.
Liechtensteinische Landesbank (LLB) has successfully completed its acquisition of Zürcher Kantonalbank Austria, acquiring client assets worth approximately 3.4 billion euros. The takeover, finalized on January 9, 2025, will see the new entity merge with LLB (Austria) mid-year, pending regulatory approval. This move strengthens LLB's position in Austria and supports its growth strategy.
DZ BANK has launched a digital asset custody platform for managing crypto securities, including tokenized bonds, in compliance with Germany’s eWpG law. This initiative, powered by Ripple Custody, positions the bank as a leader in institutional crypto adoption, enhancing wallet management and blockchain analytics. With €350 billion in assets under custody, DZ BANK aims to streamline capital market processes and improve client performance in a rapidly evolving financial landscape.
Basler Kantonalbank has appointed Michel Frei as the new Head of Commercial Client Sales, effective March 1, 2025. Frei, who has been with BKB since 2019 and led the Trading and Capital Markets department, will succeed Regula Berger, who will become CEO. The decision reflects the bank's commitment to internal talent development and aims to enhance its trading and commercial business.
Zürcher Kantonalbank faced a significant outage due to an externally initiated overload, affecting its internet-based systems for about an hour on Sunday. This incident follows a series of IT crises within Swiss banks, raising concerns about their operational reliability. An insider suggests a need for the bank to refocus on core banking practices rather than peripheral issues.
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michael hartmann appointed head of private and corporate clients division at llb
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19:23 20.01.2025
michael hartmann appointed to llb group management starting july 2025
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michael hartmann appointed to llb group executive board effective july 2025
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