Leonteq announced today the addition of Basler Kantonalbank to its multi-issuer platform, offering investors in Switzerland a broad range of payoffs and underlyings from a top-rated issuer.
At the end of April 2020, Leonteq and Basler Kantonalbank agreed to work together in the area of structured investment products. After intensive development and implementation work, Basler Kantonalbank today joined Leonteq’s multi-issuer platform and its products are available for distribution in Switzerland. As part of this cooperation, BKB acts as the issuer of structured investment products, while Leonteq provides services along the value chain.
The new product offering by Basler Kantonalbank consists of a wide range of payoffs and underlyings and will also be available for Leonteq’s clients on LynQs, Leonteq’s one-stop-shop for structured products. In addition, Basler Kantonalbank will offer its products to its own clients in Switzerland.
BKB Group is one of the largest banks in Switzerland, with total assets of CHF 54.4 billion and a total capital ratio of 17.0% as of end 2020. Basler Kantonalbank has an AA+ issuer rating from Standard & Poor's and a state guarantee from the Canton of Basel-Stadt.
Alessandro Ricci, Head Investment Solutions and member of the Executive Committee of Leonteq, stated: “We are very excited to launch our partnership with BKB on an operational level as it further strengthens our offering with its reputation and credit rating. Partnerships like the one with BKB are core to the firm’s strategy to be the leading market place for structured products.”
Regula Berger, Head of Distribution Commercial Clients and member of the Executive Committee of Basler Kantonalbank, said: “By combining Leonteq’s first-class expertise in structured investment products with the security and stability of BKB, we can offer clients excellent investment solutions.”
LEARN MORE about the Basler Kantonalbank products.
Contact Leonteq Media Relations +41 58 800 1844 media@leonteq.com Leonteq Investor Relations +41 58 800 1855 investorrelations@leonteq.com
LEONTEQ Leonteq is a Swiss company active in the finance and technology sector with a focus on the structured products segment. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 12 countries, through which it serves over 50 markets. Leonteq AG is listed on the SIX Swiss Exchange.
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