Notenstein La Roche Private Bank was a Swiss private bank headquartered in St. Gallen and CHF 16.8 billion of client assets under management. The private bank, which had belonged to Raiffeisen since 2012, was sold to Bank Vontobel in July 2018 and was integrated into that banking group as of 30 September 2018. Notenstein La Roche Private Bank specialised in comprehensive wealth structuring for private clients. Notenstein La Roche Private Bank's core competencies included wealth management and investment advisory services and pension planning, as well as providing financing and supporting external asset managers. Notenstein Private Bank and Bank La Roche merged at the end of 2015. Both banks look back on histories stretching back centuries. Notenstein's history has its roots in St. Gallen. Both bank houses have more in common than history and tradition, however: they share the same fundamental values and business ethics; the city of St. Gallen enjoyed an economic upswing in the late Middle Ages thanks to its flourishing textile industry.
The proprietors of the leading trading companies met at the assembly house “zum Notenstein” on the lower Neugasse. In 1555, a new meeting place was established in a house near the Brühltor, the location of the private bank's headquarters today. Members of the influential Notenstein association, along with other guilds, were involved in city government. One of Notenstein's most illustrious members was the St. Gallen scholar Joachim von Watt, known as Vadianus, who went on to become mayor. In 1741, Caspar Zyli, member of a family long affiliated with the Notenstein association, established a shipping and trading company; the incursion of the French in 1798 and the demise of the old order spelled the end for the rich traditions of the Notenstein merchants: the association was dissolved and the house sold to Caspar Zyli's son Hans Anton. At the end of the 18th century, Basel was a centre for international trade, the silk ribbon industry had emerged as the city's most important business sector. In these surroundings, Benedikt La Roche, whose great-grandfather's military prowess in the service of the French crown had earned him the privilege of using the sobriquet “La Roche”, founded a trading and freight forwarding company in 1787.
In the wake of the economic crisis of 1800, growing demand for industrial capital caused the trading company's banking arm to become important. By the end of the century, La Roche was active in financing projects ranging from the Spanisch-Brötli-Bahn railway to a brewery. Basel attained world prominence as a financial centre during the Franco-Prussian War of 1870. At this time, the bank was among the founders of the Basel stock exchange. Although the inter-war years were challenging for the bank, the end of the Second World War heralded a period of growth and prosperity. Through the 1970s and 1980s the bank transitioned from an all-purpose bank to a classic private bank, in which investment advice, wealth management and servicing institutional clients became the core business; the bank celebrated its 225th anniversary in 2012. The history of Wegelin & Co. dates back to 1741 when Caspar Zyli, member of a family long affiliated with the Notenstein association, established a shipping and trading company.
By the mid-1800s it had developed into a pure banking business. The incursion of the French in 1798 and the demise of the old order spelled the end for the rich traditions of the Notenstein merchants: the association was dissolved. In 1893, the "Caspar Zyli trading company" became Co.. In early 2012, as part of a tax dispute between the US and Swiss banks, the US Department of Justice focused its sights on Wegelin & Co; the partners determined to break up the bank on 27 January 2012: business with clients in the US and US citizens remained with Wegelin & Co. while all other clients and business units were transferred to a separate entity – the new Notenstein Private Bank. Thanks to the previous existence of a second bank licence and name rights, the transaction was swift: the non-US business was transferred to Nettobank AG, a partner company of Wegelin & Co. with its own banking license. It was renamed Notenstein Private Bank, the rights to the name coming from the real estate company Notenstein AG, a subsidiary of Wegelin & Co.
IFK Östersund is a Swedish football club located in Östersund in Jämtland. Idrottsföreningen Kamraterna Östersund were founded on 7 March 1906 at the Café Temperance in Östersund; the club subsequently joined the IFK movement and specialised in a range of sports including football, ice hockey, downhill skiing, cross country skiing, ski jumping, athletics, curling, wrestling and orienteering. Since their foundation IFK Östersund has participated in the upper and middle divisions of the Swedish football league system; the club's best period was in the 1950s and 1960s when they played a number of seasons in Division 2 Norrland which at that time was the second tier of Swedish football. In May 1959 the club hosted touring Brazilian side CR Vasco de Gama and lost 11-0; the club plays in Division 3 Mellersta Norrland, the fifth tier of Swedish football. They play; the ground was first opened in 1917 but its current appearance reflects the work undertaken in 1936 when Hofvallen was redeveloped. IFK Östersund are affiliated to the Jämtland-Härjedalens Fotbollförbund.
In 1996/1997 the Ope IF, IFK Östersund, Ostersund / Torvalla FF clubs decided to work together on a joint venture to establish an elite new football club named Östersunds FK. Note: Flags indicate national team as defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality. In recent seasons IFK Östersund have had the following average attendances: The highest attendance at Hofvallen was 5,355 spectators who attended the match with Marma IF on 5 October 1957. IFK Östersund – Official Website IFK Östersund Facebook