Difference between revisions of "Oswald Aeppli"
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|description=[[Double Bilderberger]] Swiss banker who was "cleared by his fellow directors of any blame in the [Chiasso] case" | |description=[[Double Bilderberger]] Swiss banker who was "cleared by his fellow directors of any blame in the [Chiasso] case" | ||
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| − | '''Dr. Oswald Aeppli''' was [[Crédit Suisse]] President from [[1977]] until [[1983]]<ref>https://www2.unil.ch/elitessuisses/personne.php?id=51035</ref> He attended the [[1980 Bilderberg | + | '''Dr. Oswald Aeppli''' was [[Crédit Suisse]] President from [[1977]] until [[1983]]<ref>https://www2.unil.ch/elitessuisses/personne.php?id=51035</ref> He attended the [[Bilderberg/1980|1980]] and [[Bilderberg/1981|1981 Bilderberg]] meetings. |
==Activities== | ==Activities== | ||
| + | In [[1978]], Crédit Suisse partnered with [[First Boston]] to create Credit Suisse First Boston in [[Europe]] and bought a [[44]] percent stake in First Boston's US operations.<ref>https://www.zippia.com/credit-suisse-careers-20501/history/</ref> | ||
===Chiasso affair=== | ===Chiasso affair=== | ||
| − | "Oswald Aeppli, board chairman of the bank, said the bank's total loss from the Chiasso affair would not be known until Texon's interests in such ventures as an Italian wine concern and a millionaires' island retreat near Venice have been sold. “To carry out these sales in undue haste would not be in the interest of stockholders, | + | In [[1977]], officials of the bank's branch in Chiasso, near the [[Italian]] border, were accused of using a holding company, a [[Liechtenstein]] company called Texan Finanzanstalt, to channel about $850 million in so‐called flight capital from Italy over a period of more than 10 years. The arrangement resulted in the bank suffering losses estimated at hundreds of million of dollars.<ref name=nyt>https://www.nytimes.com/1977/06/25/archives/swiss-credit-bank-sues-company-in-liechtenstein-for-680-million.html</ref> |
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| + | "Oswald Aeppli, board chairman of the bank, said the bank's total loss from the Chiasso affair would not be known until Texon's interests in such ventures as an Italian wine concern and a millionaires' island retreat near Venice have been sold. “To carry out these sales in undue haste would not be in the interest of stockholders," he added.<ref name=nyt/> | ||
He was "cleared by his fellow directors of any blame in the case."<ref>https://www.nytimes.com/1977/05/30/archives/scandal-could-alter-swiss-banking-swiss-banking-facing-changes-in.html</ref> | He was "cleared by his fellow directors of any blame in the case."<ref>https://www.nytimes.com/1977/05/30/archives/scandal-could-alter-swiss-banking-swiss-banking-facing-changes-in.html</ref> | ||
Revision as of 02:57, 17 March 2023
 Oswald Aeppli    (banker) | |
|---|---|
.jpg) | |
| Born | May 13, 1916 |
| Died | 1 April, 2006 (Age 89) |
| Nationality | Swiss |
| Alma mater | University of Zurich |
| Interests | Chiasso affair |
Double Bilderberger Swiss banker who was "cleared by his fellow directors of any blame in the [Chiasso] case"
| |
Dr. Oswald Aeppli was Crédit Suisse President from 1977 until 1983[1] He attended the 1980 and 1981 Bilderberg meetings.
Activities
In 1978, Crédit Suisse partnered with First Boston to create Credit Suisse First Boston in Europe and bought a 44 percent stake in First Boston's US operations.[2]
Chiasso affair
In 1977, officials of the bank's branch in Chiasso, near the Italian border, were accused of using a holding company, a Liechtenstein company called Texan Finanzanstalt, to channel about $850 million in so‐called flight capital from Italy over a period of more than 10 years. The arrangement resulted in the bank suffering losses estimated at hundreds of million of dollars.[3]
"Oswald Aeppli, board chairman of the bank, said the bank's total loss from the Chiasso affair would not be known until Texon's interests in such ventures as an Italian wine concern and a millionaires' island retreat near Venice have been sold. “To carry out these sales in undue haste would not be in the interest of stockholders," he added.[3]
He was "cleared by his fellow directors of any blame in the case."[4]
Events Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1980 | 18 April 1980 | 20 April 1980 | Germany Aachen | The 28th Bilderberg, held in West Germany, unusually exposed by the Daily Mirror |
| Bilderberg/1981 | 15 May 1981 | 17 May 1981 | Switzerland Palace Hotel Bürgenstock | The 29th Bilderberg |
References
- ↑ https://www2.unil.ch/elitessuisses/personne.php?id=51035
- ↑ https://www.zippia.com/credit-suisse-careers-20501/history/
- ↑ a b https://www.nytimes.com/1977/06/25/archives/swiss-credit-bank-sues-company-in-liechtenstein-for-680-million.html
- ↑ https://www.nytimes.com/1977/05/30/archives/scandal-could-alter-swiss-banking-swiss-banking-facing-changes-in.html
