Digitalbank-Flop Radicant: Resignations and Losses at Blkb

Neue Zürcher Zeitung

Lean Right

Factuality

Ownership

Due to the misinvestment in the Fintech company Radicant, the bosses of the Baselbieter Kantonalbank lose their jobs. Rightly. Those who speculate with state funds without having to control the risks are particularly irresponsible.

Handelszeitung

Factuality

Ownership

The BLKB had to write off 105.5 million Swiss francs to its Neobank subsidiary Radicant. Now the bank reacts – and a political trio.

finews.ch

Factuality

Ownership

A painful value adjustment and the departure of the CEO and President: The Bank Council of Basel-Landschaftliche Kantonalbank (BLKB) is under pressure.

Inside Paradeplatz

Factuality

Ownership

Bank Council surprises after close of stock exchange: Giga scribes at Baselland-KB are examined externally. Does Downgrade threaten by S&P? Even PUK? A good week after the announcement of the Basellandschaftliche Kantonalbank (BLKB) about a 105 million valuation report on the Radicant participation, the top executive body, the bank council, takes the flight forward. An independent review by an external law firm was carried out on the occasion of…

watson.ch/

Factuality

Ownership

The Basellandschaftliche Kantonalbank (BLKB) has the debacle examined externally with the million-sentrepreneur at its subsidiary Radicant.