Volksbank Vorarlberg: High Losses in Switzerland

Published: September 15, 2010; 15:36 · (Vindobona)

Commitment to financial advisor JML did not go as desired: losses up to 3.9 million euro

Volksbank Vorarlberg: High Losses in Switzerland / Picture: © Volksbank Vorarlberg

The investment advisory and management firm JML Holding AG, based at Zug since 2007, a subsidiary of Volksbank Vorarlberg, has caused its parent company millions in losses, reported "wirtschaftspresseagentur.com”, active in Vorarlberg, Salzburg and Tyrol.

Thomas Bock, Volksbank Vorarlberg’s chairman of the board, confirmed that the commitment to JML has "not been successful".…

This article includes a total of 374 words.

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