«Zürich sollte sich nun um Julius Bär kümmern»: Wieso es kein Zufall ist, dass Vontobel die Bankenstadt verlässt
Vontobel spart durch den Umzug nach Zug rund zehn Millionen Franken – pro Jahr. Doch die Verlegung Tausender Firmensitze von Zürich in andere Kantone hat nicht nur steuerliche Gründe.
Vontobel is relocating its headquarters from Zürich to Baar in Zug, a decision that is not a mere coincidence. The bank will save around ten million francs per year due to the move, but this is not the sole reason. Hans Vontobel, the founder and a major patron of the bank, passed away in 2016. He was remembered as a "legend of the Zürich banking scene" and "a promoter of the financial center."
Vontobel's departure from Zürich seems to reflect his disinterest in being a part of the financial city anymore. The investment house plans to open a new campus in 2030, bringing together around 1500 employees who are currently spread across seven buildings in Zürich. The move has surprised even experienced Zürich bankers, like Thomas Matter, who called it "requiring courage."
Matter believes that the "anti-business climate" in Zürich contributed to the decision. The green-leather sofa from which Vontobel hosted his employees and guests over the rooftops of Zürich, overlooking the lake and mountains, will no longer be a part of his legacy.
Written by urgent.news from NZZ Wirtschaft's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
