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At the Finance Forum in Vaduz, Prince Max highlighted LGT's dominance in Liechtenstein's banking sector, managing over 80% of assets. Discussions ranged from geopolitical concerns to the transformative potential of AI in finance, while warnings about authoritarian threats in Europe were issued. Despite global banking uncertainties, optimism prevailed, with over 78% of attendees rating the financial industry's state as good or excellent.
Markus Federspiel will step down as CEO of Bendura Bank at the end of June 2025 after 16 years in the role. His successor, Philipp Forster, has been with the bank for a decade and joined the executive board in 2022, previously overseeing the bank’s Asian business from Hong Kong.
Bendura Bank is parting ways with CEO Markus Federspiel, effective June 30, 2025, due to strategic disagreements, particularly regarding priorities in Asia. The bank has experienced a significant profit drop, with earnings falling from 7 million Swiss francs to 5.9 million in the first half of the year. Philipp Forster, who has been with the bank for a decade and has extensive experience in the Asian market, has been appointed as the new CEO to drive expansion in Europe and Asia.
Philipp Forster
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liechtenstein finance forum highlights resilience amid global uncertainty and technological change
Bendura Bank AG
Neue Bank AG
Bank Frick AG
RUS
CHE
LIE
USA
Katja Gentinetta
Roland Matthes
Sergio Ermotti
Philipp Forster
Gabriel Brenna
Nikolaus Trzeschan
Urs Monstein
Stefan Wenaweser
Max Peder Prinz von und zu Liechtenstein
Brigitte Haas
Roman Pfranger
Clemens Fuest
Reto Lipp
Martin Möller
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06:52 12.05.2025
Bendura Bank Appoints Philipp Forster as New CEO Following Federspiel's Departure
09:49 16.12.2024
Bendura Bank CEO Departs as Board Appoints New Leader Amid Profit Decline
07:44 13.12.2024
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