LGT Group - History

History

  • 1920 Company founded
  • 1921 In May, business activities commence with ten employees; rented offices on the ground floor of the government building
  • 1930 Liechtenstein Princely Family acquires the majority of shares
  • 1970 Establishment of the Prince of Liechtenstein Foundation, which takes over the Bank’s share capital as LGT Foundation beneficiary
  • 1982 Setting up of a Representative Office in London as the first foreign business base
  • 1983 Founding of Bilfinanz und Verwaltung AG, Zurich
  • 1984 Founding of BIL Treuhand AG, Vaduz
  • 1986 Bank in Liechtenstein goes public
  • 1989 Takeover of GT Management PLC, London
  • 1990 Founding of BIL GT Group AG, Vaduz
  • 1996 Change of name: BIL GT Group becomes Liechtenstein Global Trust and BiL becomes LGT Bank in Liechtenstein AG
  • 1998 Sale of Asset Management Division, Realignment of the LGT Group, HSH Prince Philipp becomes new Chairman of the Board of Trustees, Going private
  • 2003 LGT Group acquires Schweizerische Treuhandgesellschaft STG from Swiss Life
  • 2005 STG becomes LGT Schweizerische Treuhandgesellschaft
  • 2009 LGT sells its Trust and Fiduciary division (LGT Treuhand) to First Advisory Group.

(Info can be found on the official website)

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