AGP Executive Report
Last update: 8 hours agoLGT Banking & Wealth: LGT reported first-half 2026 profit of CHF 281.6m (+17%) and record assets under management of CHF 412.6bn, topping CHF 400bn for the first time, driven by net new inflows of CHF 12.3bn and improved cost discipline. WISeKey Expansion: WISeKey appointed Alexander Hirsch as Group Chief Marketing Officer to coordinate global marketing and go-to-market across its cybersecurity, digital identity and IoT businesses as it pushes into post-quantum and quantum-related markets. US Trade Pressure on Tech Supply Chains: The US set minimum import prices for polysilicon and derivatives (price floors effective Dec 4, 2026) and also imposed Section 232 drone tariffs starting Sept 3, 2026—100% for certain higher-risk drones and thermal-imaging systems, with capped rates for qualifying EU/EFTA-linked imports including Liechtenstein. Tax Enforcement & Data Security: HMRC sent more than 81,000 “nudge” letters to UK crypto investors amid a tax crackdown, while France disclosed a credentials-based breach exposing data on 678,000 people and firms. Liechtenstein in the News: Liechtenstein changed Princely House succession rules after 400 years, moving to absolute primogeniture so the firstborn child—regardless of gender—can inherit. Sanctions Alignment: The EU welcomed eight non-EU countries, including Liechtenstein, aligning with new Belarus sanctions tied to Russia’s war. VP Bank Risk Leadership: VP Bank Singapore Branch appointed Vincent Koo as Chief Risk Officer effective 24 Aug 2026. Healthcare Business: Implantica published its interim report for Jan–Jun 2026, alongside FDA PMA approval progress for its RefluxStop device.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.