Investor Forum 2019 on the topic "Cantonal Banks and their hybrid bonds"

At this year's Investor Forum on the subject of Cantonal banks and their hybrid bonds, the discussion topics were the challenges posed by the low interest rate environment and the business and strategic adjustments made by the Cantonal Banks. The study by Ingo Stössel, Credit Analyst Investment Banking Vontobel, provided a sound basis for discussion of the focal topic of the event: hybrid bonds issued by the cantonal banks.