A non-partisan committee, led by Peter Riebli, has launched an initiative to refocus the Basellandschaftliche Kantonalbank (BLKB) on the Basel region, criticizing its current strategy and investments, particularly in the online bank Radicant. The proposed changes aim to amend the Cantonal Banks Act to redefine BLKB as a regional bank, enhancing local influence and addressing concerns over its progressive positions and financial performance. BLKB warns that such a shift could lead to a decline in business volume and profitability.
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