On October 26, 2015 Financial Market Supervisory Authority (FINMA) initiated bankruptcy proceedings against Bank Hottinger & Cie AG as the bank was at risk of becoming overly indebted.
Bank Hottinger & Cie AG was the 197th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 366,66 mln CHF, providing the bank with the market share of 0.01%. Bank Hottinger & Cie AG was the 28th largest stock exchange bank in Switzerland (out of 47 stock exchange banks) having market share of 0.18% amongst the banks of this category.
Bank Hottinger & Cie AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Bank Hottinger & Cie AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Bank Hottinger & Cie AG was headquartered in Zürich.
Bank Hottinger & Cie AG was authorized and supervised by the Swiss Financial Market Supervisory Authority.
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