Asset management roundup: Swisscanto, ZKB, Amundi, Bawag PSK

Zürich Kantonalbank (ZKB), currently the largest shareholder in Swiss asset manager Swisscanto, has confirmed it is in talks on the complete takeover of the company. In the 1970s, several Swiss cantonal banks established Swisscanto as foundations, and, in 1993, the listed Swisscanto Holding was established. Today, ZKB has an 18% stake in Swisscanto, while the rest is owned by 23 other cantonal banks… Link to Article