Aargauische Kantonalbank new SSPA member

The Swiss Structured Products Association (SSPA) welcomes Aargauische Kantonalbank (AKB) to its ranks as an active member and new buy-side representative. The admission of AKB underscores the ambition of SSPA to represent the entire value chain in a balanced manner as a broad-based sectoral association. This chain includes issuers, markets, the buy side and partners in equal measure.

Zurich, 25 April 2016. Headquartered in Aarau, Aargauische Kantonalbank was founded in 1913 and maintains 31 branches in the Canton of Aargau and in the neighbouring Solothurn region of Olten-Gösgen-Gäu. As a classic and regionally-anchored universal bank for private and corporate clients as well as institutional investors, it offers comprehensive services in all areas of banking.

Peter Pastor, Head of Treasury & Trading at AKB, commented on the admission to SSPA as follows: “As a professional investment bank, we are at home not just in Swiss financial markets, but also in international financial markets. For our customers, we value structured products as part of our modern investment consultancy. SSPA membership demonstrates our long-term commitment to the Swiss financial centre, as well as to the structured products sector.”

SSPA successively expanding into an industry association

SSPA represents the interests of the most important market participants, which together cover more than 95 percent of the market volume for structured products in Switzerland. Georg von Wattenwyl, SSPA President: “With the admission of Aargauischen Kantonalbank, SSPA is continuing its strategy of establishing broad market foundations. We are delighted that AKB has become a member. This is because, as a buy-side representative, it demonstrates the importance of structured products in today’s asset management environment in Switzerland. Thanks to this buy-side expansion, we can represent the interests of the entire industry even more effectively.”