zurich cantonal bank ( german : zürcher kantonalbank , or zkb ) is the largest cantonal bank and fourth largest bank in switzerland , as well as the leading financial services provider in the greater zurich area , with total assets of over chf 150 billion .

zkb , as an independent , incorporated public-law institution , is wholly owned by the canton of zurich .

ultimate supervision of zkb is the responsibility of the cantonal council of zurich , whose duties are laid down in zurich 's cantonal bank act .

under the law , the canton of zurich bears responsibility for all zkb 's liabilities should the bank 's resources prove inadequate .

this cantonal guarantee acts as a stabilising force for the financial market as a whole , particularly in times of economic uncertainty .

on october 2009 , global finance magazine rated zkb at one of the five safest banks in the world , on the basis of it being one of only five financial institutions that enjoyed a triple standard & poor 's , fitch and moody 's aaa/aaa rating globally .

zurich cantonal bank

the average salary of zurich cantonal bank employees is $ 128 , 000 per year .
the highest paid zurich cantonal bank employees are managers at $ 107 , 000 annually .
most zurich cantonal bank employees using emolument work in switzerland for an average salary of $ 128 , 000 .
three employees of the cantonal bank of zurich have been charged in new york city with helping us clients evade taxes , according to the bank and . . .
two bankers from zurich’s cantonal bank have pleaded not guilty in a new york court after leaving switzerland to voluntarily face charges of . . .
the zurich cantonal bank ( zkb ) has reached an amicable agreement with the judicial authorities in cologne in connection with untaxed assets of its german customers .
the report said the campaign for the cantonal bank of zurich was designed by swiss designer nadine geissbülher , and was launched on july 4 , 2013 .
' make in india ' logos comprises a lion with industrial wheels , while a similar picture has been noticed in the advertisement campaign of cantonal bank of zurich .
full page illustration i did for the latest issue of zurich cantonal bank ' s magazine
meine vorsorge
. the illustration accompanies an article focusing on different . . .
zürcher kantonalbank & sustainability / csr zurich cantonal bank sees sustainable development as one way of enhancing corporate value in the long term . in this respect , responsibility for sustainability is an integral part of corporate policy and a major driver in decision making . its public mandate requires zurich cantonal bank to support cantonal and local business enterprises , the local population , its clients , its staff and the environment . since 2002 the bank’s environmental management system is certified according to iso 14001 . a sustainability committee with representatives from ngos , local business and academia advises the bank on sustainability issues . the bank offers a wide range of environmental and sustainability financial products .
switzerland’s largest cantonal bank is confident it already has a big enough risk - absorbing capital buffer to match tougher regulatory demands . . .
zkipster , a tech startup that offers cloud solutions to streamline check - in process at private events , today announced it closed a new financing round with zurich cantonal bank ( zkb ) to fund its expansion .
the historic zurich gold pool was a consortium gold trading arrangement between union bank of switzerland , swiss bank corporation and credit suisse which was active in the late 1960s / 1970s .
london ( marketwatch ) - - gold holdings in the exchange - traded fund of zurich cantonal bank , or zkb , edged 0 . 5 % higher in the week to dec . 16 , according to zkb data wednesday .
several cantonal banks having the market shares and ranks closest to zürcher kantonalbank are shown below .
in 2001 , zurich cantonal bank was the first provider of financial services in switzerland to publish an integrated environmental , social and financial report in the form of an annual report . thus , our annual report also serves as a sustainability report and gives a clear and comprehensive insight into our bank .
london , 21 june 2010 – holdings in the gold and silver exchange - traded fund ( etf ) managed by zurich cantonal bank grew modestly in the week to june 18 , while platinum and palladium investment remained stagnant , data showed on monday .
etfs physical swiss gold ( sgbs ) . vaulted in zurich , switzerland ( 7 tonnes ) , custodian jp morgan london , sub - custodian is ubs ag zurich [ 37 ]
the snb’s announcement on monday increases the pressure on the zurich cantonal authorities to stump up the extra cash . without it , the bank would have to consider retaining earnings and paying less generous dividends to the canton and the municipalities that own it , blum warned .
bank julius baer , a private bank headquartered in zurich , is an ordinary member of the lbma and is active in trading precious metals on a spot and derivative basis [ 10 ] . julius baer , through bank julius bär & co , bahnhofstrasse , zurich , is the custodian of the julius baer physical gold fund , which holds nearly 50 tonnes of gold [ 11 ] .
in 2016 zürcher kantonalbank was ranked the 1st largest cantonal bank in switzerland in terms of total assets , having 28 . 26 % of the category ' s market share .
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zkb is among a handful of swiss or swiss - based financial institutions that are enduring a full blown probe by the department of justice on this issue . the cantonal bank of basel is the other swiss state - owned bank on this list .
zürcher kantonalbank ( zkb ) , a swiss universal bank and switzerland’s largest cantonal bank , is headquartered in zurich and is owned by the canton of zurich . zkb is active in the swiss gold market and gold can be purchased in any of zkb’s branches . zkb is also an ordinary member of the lbma and runs a physical gold etf called the zkb gold etf [ 8 ] . zürcher kantolbank ( zkb ) maintains a precious metals vault under its premises on bahnhofstrasse in zurich that in 2009 was reported to be storing approximately 40 tonnes of gold .
in return for dropping charges , switzerland’s largest cantonal bank will make a one - time payment of €5 . 7 million euros ( chf6 . 1 million ) . the agreement is applicable to all 16 german states and includes the bank’s employees as well .
do you know of any bank or investment company or stock exchange in the u . s . a . that sells silver & gold etf’s from the cantonalbank in zurich , switzerland ?
where in the u . s . can i buy gold & silver eft’s from the cantonalbank in zurich switzerland ?
founded in 1870 , zürcher kantonalbank is a universal bank , providing retail and corporate banking products mainly to the canton residents ( natural persons and legal entities ) . traditionally for cantonal banks , zürcher kantonalbank is especially strong in savings and mortgage products . like most of the cantonal banks , zürcher kantonalbank has full state guarantee of its liabilities .
switzerland’s largest cantonal bank is confident it already has a big enough risk - absorbing capital buffer to match tougher regulatory demands after being named alongside ubs and credit suisse as a “too big to fail” financial institution .
the snb’s headquarters building in berne is on the bundesplatz square , and the gold vaults are said to be under this building and stretching out under the square . the snb has two headquarters , one in berne and the other in zurich at börsenstrasse , and some media reports have said that some of the snb gold is stored at its zurich headquarters under paradeplatz or bürkliplatz , or else in commercial bank vaults under the famous zurich banking street of bahnhofstrasse [ 26 ] . all of these locations in zurich are adjacent to the snb headquarters .
but this still leaves the zurich canton - owned bank with precious little room for manoeuvre if it wants to invest in new it or make future acquisitions , vice - chairman janos blum told swissinfo . ch .
at least two state - backed cantonal banks feature among the group of swiss institutions in the crosshairs of the us justice department for . . .
another german wholesaler / retailer , degussa , has 2 branches in switzerland , in zurich ( degussa goldhandel ag ) , and in geneva .
the securities settlement of the purchase of the zkb silver etf through the foreign exchange market zurich at reasonable conditions ( comdirect securities account ) .
in 2013 , the swiss national bank declared the zkb as a “too big to fail” institution .
company profile zürcher kantonalbank ( zkb ) is the leading universal bank in the zurich region , geared to the domestic market and with an international relationship network . with total assets of chf 76 billion , it is the largest of the cantonal banks and the third largest bank in switzerland . building on its extensive expertise in mortgage and credit business , it has developed very successfully into an investment and retirement - savings bank since 1995 . zkb is today one of the largest asset managers in switzerland , with client assets of chf 130 billion . as an independent institution incorporated under public law in the canton of zurich , its activities are protected by government guarantee . standard & poor’s gives its bonds and medium - term notes a top rating of aaa .
zkb and other cantonal banks are already under some public and political pressure for enjoying state financing whilst competing with privately - owned banks . but the bank was adamant that its taxpayer - backed guarantee would not be affected by its new “too big to fail” status .
let´s stay with the example of silver : silver , which is e . g . yours being an etf investor , is located in the vault of the zürcher kantonalbank ( zurich canton bank ) and cannot be processed simultaneously in a production operation .
switzerland ' s oldest bank shuts down . does it mean the end of super - secret banks ?
please do not wonder if your bank mentions such “funny” excuses , why the etf is not purchasable .
deposit guarantee schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations .
as measured by total assets of 2013 , st . galler kantonalbank is the fifth largest cantonal bank in switzerland . the parent company sgkb offers the entire range of financial services to its clients in the cantons of st . gallen and appenzell ausserrhoden . moreover , the bank as an employer , taxpayer and sponsoring partner takes on its responsibility for the economic , social and cultural development of the region .
as always , this is a recommendation for the bank , but not an investment advice to buy certain etfs .
the swiss - american start - up currently has offices in zurich , new york and london , as well as local sales partners in los angeles , berlin and sao paulo .
to this end zkb in january asked zurich’s parliament for an extra chf2 billion in funding to meet the steadily increasing regulatory demands . the canton is expected to decide next year whether to raise the amount of taxpayers’ money underpinning the bank to chf4 . 5 billion ( from chf2 . 5 billion currently ) .
argor - heraeus is located in mendrisio in the canton of ticino . the refinery is jointly owned by german company heraeus , german bank commerzbank , the austrian mint ( which is owned by the austrian central bank ) , and argor - heraeus management .
currently the snb maintains that about 70 % of its 1 , 040 tonnes of gold is stored in switzerland , with roughly 20 % stored at the bank of england , and 10 % stored with the bank of canada in ottawa [ 25 ] .
zürcher kantonalbank is rated by fitch , moody ' s . long - term credit rating assigned to the bank by fitch is aaa ( highest credit quality ) . long - term credit rating assigned to the bank by moody ' s is aaa ( prime ) .
“the reorientation of international private banking , which was initiated in 2009 , along with a consistent implementation of the bank ' s white money strategy was an important prerequisite for a consensual agreement with the german judicial authorities , ” said a statement from the bank on tuesday .
there are 24 cantonal banks in switzerland , i . e . one for every canton , with the exception of solothurn and appenzell ausser rhoden . the cantons either own the bank outright or are the majority stakeholder . cantonal banks were founded in the second half of the 19th century . historically , the role of these banks was to strengthen and support the local economy through the provision of low - cost loans . today they offer an extensive range of products and services . their main areas of business are loans to small and medium - sized companies and retail banking , particularly mortgages .
for many banks , it is still a problem to buy the silver and gold etfs of the zürcher kantonalbank ( zkb – zurich canton bank ) . actually , i wanted to show the purchase based on the dkb securities accounts ( article in german language ) , but that did not work out as desired . i will tell you more on that later .
st . galler kantonalbank has changed a lot since its foundation in 1868 . from a government - owned credit institution has emerged a modern universal bank .
graubündner kantonalbank has bought a 25 % share in the zurich - based independent asset manager albin kistler , in a move which will see the chur - based institution increase its holding to 51 % over the next three years .
in 2016 zürcher kantonalbank was ranked the 6th largest bank in switzerland in terms of total assets , having 5 . 05 % of the domestic market share .
the video clip shows how easy and cheap one can purchase the zkb etfs through the comdirect bank – my second favourite bank . who has not yet seen or read the video article “ what zkb silver etf should one buy “ , maybe should do this before viewing this clip ( video in german language ) .
le centre de ressources sur les entreprises et les droits de l ' homme a invité la banque cantonale de zurich à répondre sur ses investissements dans nevsun resources ; entreprise poursuivie en justice au canada pour complicité dans l’utilisation de . . .
the actual trading mechanism of the zurich gold pool consisted of a buying syndicate between the three swiss banks whereby they quoted a coordinated bid price for their purchases , but the gold that was bought into the pool was then available individually to the three banks to sell to their respective customers at each banks’ own offer prices ( i . e . common bid price , individual bank offer price ) .
the bank’s international push for growth has led to other problems , most notably a criminal investigation in the united states into allegations that the bank helped us citizens evade taxes . three of its employees are currently facing charges of helping nearly 200 us clients evade taxes on assets of at least $ 423 million ( chf435 million ) .
in its role as the central bank for central banks , the bank for international settlements ( bis ) , headquartered in basel , switzerland , is a critical part of the international gold market and an often overlooked part of the swiss gold market . in essence , the bis acts as the gold broker to the world’s central banks .
during this two - week period , ubs , sbc and credit suisse formed a gold trading alliance and managed to convince south africa , the world’s largest gold supplier at the time , to sell its gold directly to the three zurich banks and not , as had been the case previously , to sell its gold on the london market . this alliance between the banks , and the direct gold flows from south africa to switzerland was successful in boosting gold business in zurich , to the disadvantage of london .
some years ago , the central bank of portugal suffered this without financial crisis . it had lent large stocks of gold and its lending partner went bankrupt . the gold was gone !
in switzerland , ubs conducts a full spectrum of gold activities in the wholesale market , from trading gold on a spot and forward basis , to offering gold swaps , and interest rate swaps on gold , through to offering gold storage facilities and physical metal handling services . ubs ag was formed through the merger of union bank of switzerland and swiss bank corporation in 1998 .
raiffeisen bank cooperative is the third largest banking group in switzerland after ubs and credit suisse . in a similar way to the raiffeisen structure in austria , which includes the austrian raiffeisen zentralbank and raiffeisen bank , the raiffeisen banking group in switzerland consists of nearly 300 cooperative banks , with more than 1000 branches , with the ‘raiffeisen switzerland cooperative’ ( headquartered in st gallen ) coordinating and supporting the banks in its network . raiffeisen bank trades precious metals and also offers precious metals accounts ( unallocated ) and physical precious metals to customers in its network [ 9 ] .
if you want to invest in the etfs of the zkb , then i can truly recommend the comdirect bank . already in 2009 , i have bought zkb - etfs through the comdirect .
the precious metal etfs of the zürcher kantonalbank are purchasable through all custodian banks that are connected with the börse zürich ( stock exchange market of zurich ) . this is the home stock exchange market of the zkb , at which the fund units are traded on a daily basis .
german gold wholesaler / retailer pro aurum has 2 swiss branches , a ) manno in lugano in the canton of ticino ( near three large gold refineries ) , and b ) in kilchberg just outside zurich . the kilchberg branch of pro aurum has a vault in a former zuercher kantonalbank branch .
‘we are very strong in the research department and asset management and the graubündner kantonalbank can benefit from that . the bank on the other hand can give us synergies at the time of technological changes . ’
on november 6 , a lawsuit was filed by a us attorney in manhattan asking citigroup and bank of new york mellon for records of us clients of zürcher kantonalbank to determine whether those people had evaded taxes .
the bis operates gold trading services from its basel headquarters ( and from its hong kong branch office ) on behalf of the world’s central banks . these gold services include safe custody facilities and transactional services such as sight and term gold deposit ( with central banks as the lenders ) , spot and forward purchase and sale gold transactions with settlement loco london , loco new york , loco berne , and options and swaps on gold [ 27 ] . the bis maintains gold custody accounts with the bank of england , the federal reserve bank of new york ( frbny ) , the swiss national bank ( and historically the banque de france ) , so central banks clients of the bis can hold gold at these locations under the name of the bis by utilising sub - accounts of the bis gold accounts that are held at the bank of england , the frbny , and the snb .
long - term rating for zürcher kantonalbank it is set to aaa ( prime ) . long - term bank deposit rating is aaa ( prime ) . baseline credit assessment is a2 . short - term rating is not assigned .
‘it is very important that even if albin and kistler are not around the ownership of the firm is secured in the long - term . it is also good to have an experienced bank as one of the shareholders . ’
the bank must also come up with an emergency plan of how to protect its core functions , such as retail deposits , should it collapse . zkb said on monday that it does not anticipate having to change strategy or cut any rsikier operations .
… and unfortunately , many bankers play this game – some out of self - preservation reasons , because the jobs in the bank are somehow linked to the financial system , but many , because they do not ( want to ) understand it .
they have large market shares in these sectors , and many of them are market leaders in their region . recently , cantonal banks have also made a name for themselves in the investment sector . they directly compete with other banks and banking groups , and are subject to the same banking regulations as all other swiss banks . they operate mostly in switzerland ( over 90 % , taking the group as a whole ) .
the swiss national bank ( snb ) turned up the heat on the zürcher kantonalbank ( zkb ) on monday by upgrading it to a category one “systemically relevant” institution . in other words , zkb’s collapse would cause more pain than the swiss economy could bear .
the bank has calculated that it would have to be responsible for more than one in ten domestic business loans and retail deposits for finma to insist on more cash being put aside . zkb currently enjoys a market share of between 6 % and 8 % .
“we do not just take without giving something back , ” blum told swissinfo . ch . “we are contractually tasked to support small businesses and agriculture and to help provide affordable housing . no purely commercial bank would service these goals to the same degree . ”
swiss gold import and export statistics provide vital clues in helping to track the world’s largest gold flows to and from the swiss refineries , so its hugely beneficial that the swiss federal customs recently saw fit to make this data more accessible . on the other hand , the monetary gold transactions conducted by that secretive swiss based institution , the bank for international settlements , and its central bank customer gold storage details , remain completely opaque , and are a reminder that not everything in the global gold market wants to have a spotlight shone on it .
the ambitious zkb has been busily expanding its business in recent times , in particular its wealth management services . but the international push for growth has led to some problems , most notably a criminal investigation in the united states into allegations that the bank helped us citizens evade taxes .
the bank reported an operating profit of chf393 million in the first half of 2016 , an increase of 8 % . by the end of june 2016 , it had chf 260 . 2 billion of customer assets under management , compared to chf 257 . 5 billion at the end of 2015 .
banker love to conceal that the etfs of the zkb are still purchasable . however , not through the direct investment at the investment company . they know that german funds are easily purchasable and sometimes even with a discounted issue surcharge through the bank without stock exchange market directly to the fund company .
originally , the refinery was established as argor sa in 1951 . in 1960 , swiss bank union bank of switzerland ( ubs ) acquired an 80 % shareholding in argor , and increased ownership to 100 % in 1973 . ubs sold a 25 % stake to heraeus in 1986 , and in 1999 ubs sold out fully leaving heraeus and the company management controlling the entire shareholding . the same year commerzbank purchased a 35 % stake , and in 2002 the austrian mint bought a 24 . 3 % interest . argor - heraeus has an annual refining capacity of 450 tonnes for both gold and silver .
the swiss national bank is notable in that it still manages the 8th largest official central bank gold reserves in the world at 1 , 040 tonnes ( 7th largest in the world excluding the imf ) . this is despite having sold off 1 , 550 tonnes of its gold in the 2000s , before which it held the world’s 5th largest official gold reserves ( 4th largest after france , germany and the us , excluding the imf ) . note that in 2000 , france still held over 3000 tonnes of gold . in 1999 , switzerland claimed to hold official gold holdings of 2 , 590 tonnes . during the period 2000 to 2004 , the snb sold 1 , 300 tonnes of gold under the first two central bank gold agreements . following this in 2007 - 2008 , switzerland sold 250 additional tonnes of gold , bringing its total gold holdings down to 1 , 040 tonnes [ 24 ] .
in switzerland , credit suisse trades gold on a spot and forward basis , and also trades gold swaps and options [ 4 ] . the bank offers its customers physically allocated and pool allocated gold safekeeping facilities [ 5 ] , as well as precious metals accounts ( unallocated accounts ) [ 6 ] .
after an internal assessment , he informed me that the dkb does not allow their securities account customers to buy the zkb silver etf , in order to protect the customers from themselves . another bank “went the extra mile” and claimed that etf are “non - transparent” investments . a total loss would be possible .
precious metals inter - dealer brokers premex ( or prebon premex ) , part of the cosmorex ag group [ 15 ] is located in thalwil , in the kilchberg area near zurich . cosmorex is itself a fully owned subsidiary of the extensive tullett prebon brokerage group [ 16 ] . premex was originally founded by the three banks of the swiss gold pool ( ubs , sbc and credit suisse ) , and nowdays premex / cosmorex operates in the inter - bank precious metals market , offering services such as otc options , forwards and precious metals interest rate swaps to institutional clients . the premex percious metals team operates trading desks in dubai , singapore and london , as well as in thalwil . prebon premex is an ordinary member of the lbma in the dealer category through the lbma membership of tullett prebon london .
switzerland is renowned for its extensive banking and investment sector which comprises large universal banks , cantonal banks , and swiss raiffeisen ( savings banks ) , in addition to the private banking and wealth management sectors . most if not all of these banking and financial institutions have some degree of involvement in the swiss gold market , and until the 1990s each of the three largest swiss banks maintained an ownership stake in a swiss gold refinery . trading in the swiss gold market is exclusively over - the - counter , and there are no central exchanges or trading venues .
gold held in custody ( under earmark ) by the bis for central banks is reflected in the bis annual financial accounts as an ‘off balance sheet item’ . this balance sheet item totalled over 440 tonnes in march 2015 . gold on the bis balance sheet represents gold deposits and swaps , and the bis’ own gold . as of march 2015 , the bis held 108 tonnes of its own gold on its balance sheet as an investment asset , and over 350 tonnes of gold deposits on behalf of central bank customers [ 28 ] . it’s unclear as to how much of the bis’ own gold and custody gold is stored with the swiss national bank in berne , as the bis chooses not to confirm its gold storage arrangements when asked .
the exact consequences for zkb have yet to be determined by the swiss financial market supervisory authority ( finma ) , but it would it would mean the bank having to cover between 14 % and 19 % of its risky assets with capital reserves . it is currently obligated to set aside enough cash to underpin 13 . 6 % of its more nail - biting trades .
another private bank , pictet & cie [ 12 ] , based in geneva is active in the gold market for its clients , and is an associate of the lbma , and a member of the association of swiss private banks ( l’association de banques privées suisses ( abps ) ) . abps [ 13 ] is a 10 member grouping of prestigious swiss private banks , located in geneva .
essentially , the control office enforces the ‘precious metals control law’ . in practice , this is done by ‘licensed assayers’ or “essayeurs jurés” who certify and maintain the quality of the precious metals produced by the swiss precious metals fabricators . some of these assayers work directly for the control office , others are employed by and work in the refineries . looking at the branch locations of the central control office is a good way to gauge where the most important participants in the swiss gold industry are located . for example , there are control offices in chiasso and neuchatel near the large gold refineries , and also in the gold import and export hubs of zurich and geneva .
the key point about the snb’s gold stored in switzerland is that the snb will not confirm where this gold is stored , however it has always been assumed in the media that this gold is stored in vaults of the snb under its headquarters in the city of berne , where the bank for international settlements , through an arrangement with the snb , also appears to store the gold that it maintains via its ‘loco berne’ gold settlement and safekeeping facilities .
ubs ag , through its london branch , is a london bullion market association [ 3 ] market maker in gold and silver spot , forwards and options and is a direct participant in the current daily lbma gold price auctions . ubs is also one of the five members of the london gold clearing hub called london precious metals clearing limited ( lpmcl ) , although it does not maintain its own precious metals vault in london . the distinct entities of ubs ( switzerland ) and credit suisse ag ( zurich ) are also ordinary members of the lbma in addition to their london branches being lbma market makers . both swiss banks have historically been active participants in the gold lending market , and both banks currently offer gold deposit - taking services .
metalor’s swiss refinery is located in marin - epagnier in the canton of neuchâtel , in the north - west of switzerland . metalor also operates three other precious metals refineries , one in the us ( north attleboro , massachusetts ) , one in hong kong , and one in singapore . metalor’s worldwide gold refining capacity is approximately 800 tonnes per annum . metalor is owned by private equity group astorg partners , as well as a group of swiss investors and metalor management . historically , metalor was owned by swiss bank corporation ( sbc ) between 1918 and 1998 .
in 2017 total assets of zürcher kantonalbank were 162 , 71 bln chf . zürcher kantonalbank had 5 179 employees in 2015 .
zürcher kantonalbank is focused on universal banking for natural persons and legal entities residing in the canton . zürcher kantonalbank provides products and services in the areas of retail banking , corporate banking . the range of products offered by zürcher kantonalbank includes savings products , mortgage loans .
of zürcher kantonalbank were 162 . 71 bln chf . growth compared to the previous period ( 2016 ) was 4 . 06 % . the evolution of the total assets of zürcher kantonalbank is shown at chart 1 below .
recent changes in total assets of zürcher kantonalbank and its main components are shown in table 1 .
table 1 . recent changes in total assets of zürcher kantonalbank ( bln chf ) .
recent changes in total liabilities of zürcher kantonalbank and its main components are shown in table 2 .
table 2 . recent changes in total liabilities of zürcher kantonalbank ( bln chf ) .
recent changes in gross profit of zürcher kantonalbank and its main components are shown in table 3 .
table 3 . recent changes in gross profit of zürcher kantonalbank ( mln chf ) .
of zürcher kantonalbank was 690 . 61 mln chf . decline compared to the previous period ( 2015 ) was - 4 . 38 % . the evolution of the annual profit of zürcher kantonalbank is shown at chart 2 below .
in 2015 there were 5 179 employees of zürcher kantonalbank . growth compared to the previous period ( 2014 ) was 6 . 92 % .
several banks having the market shares and ranks closest to zürcher kantonalbank are shown below .
credit rating is an opinion of a credit rating agency about credit worthiness of a company or a government . zürcher kantonalbank is rated by fitch and moody ' s .
credit ratings assigned to zürcher kantonalbank as of may 2018 are shown in details in the following sections .
long - term issuer default rating is fitch ' s view of a credit institution ' s relative vulnerability to default on its financial obligations , for zürcher kantonalbank it is set to aaa ( highest credit quality ) , outlook is stable ( not likely to change ) . the rating is not on watch . short - term issuer default rating for zürcher kantonalbank is set to f1 + ( highest short - term credit quality ) .
viability rating for zürcher kantonalbank is set to a + ( high fundamental credit quality ) ; support rating is 1 ( extremely high probability of external support ) ; support rating floor is wd ( withdrawn ) .
outlook for the ratings of zürcher kantonalbank is set to stable ( not likely to change ) .
all credit institutions operating in switzerland are obliged to participate in swiss deposit guarantee scheme .
credit balances ( e . g . personal accounts , savings accounts , investment accounts , salary accounts , numbered accounts , deposit accounts and current accounts )
bic ( business identifier code , also known as swift code or swift bic ) is a the mostly used international identifier of financial institutions . swift is the registration authority for bics . bics are used in financial transactions , client and counterparty data bases , compliance documents and many others .
a bic consists of eight or eleven characters , comprising a financial institution code ( four characters ) , a country code ( two characters ) , a location code ( two characters ) and , optionally , a branch code ( three characters ) .
company registration number is a distinctive code issued upon registration of a new company . this code can be used to find data about the company in a national company register .
in switzerland . decline compared to the previous period ( 2014 ) was - 6 . 19 % .
zürcher kantonalbank operates under the brand name zurcher kantonalbank . this banking brand has presence in the following european countries and selected dependent territories of the european countries :
three other major swiss banks , - ubs , credit suisse and julius baer - paid between €300 million and €50 million in 2014 and 2011 respectively .
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zkb believes that by currently covering 14 . 9 % of these risky assets , it has already done enough to match finma’s future demands .
they account for approximately 30 % of the total assets of all swiss - domiciled banks , and the market share of their domestic operations is about one third , depending on the business area . together they employ nearly 19 , 000 people .
“each time the regulatory bar has been raised we have matched those requirements , ” he said . “we have increased our capital reserves by 50 % to chf9 billion ( $ 9 . 78 billion ) since the financial crisis hit . we believe we will still be above the new requirements , but we would like some more breathing space . ”
with a capitalisation of chf150 billion at the end of last year , zkb is the fourth largest banking group in switzerland – behind ubs , credit suisse and raiffeisen . it realised profits of chf744 million in 2012 , employed just over 5 , 000 staff and managed nearly chf200 billion of clients’ wealth .
a finma spokesman told urltoken that the regulator supported the snb’s decision to name zkb as too big to fail , but declined to go into detail of how stringent the new capital requirements could be .
swiss too big to fail legislation , that came into force last year , also demands that these banks cover at least 4 . 5 % of all assets - no matter how risky - with capital reserves . zkb said its so - called leverage ratio is already comfortably above this threshold .
the us tax authorities ( irs ) concluded that “zkb has used the citibank and bny mellon correspondent accounts to provide offshore banking services to us taxpayers , who in turn have failed to report the existence of their zkb accounts to the irs , as well as the income earned on those accounts , ” according to a copy of the complaint , known as a john doe summons .
the complaint comes amid a us crackdown on offshore tax evasion . last december , three current or former zkb employees were indicted on charges of helping us clients hide more than $ 420 million from the irs .
since 2009 , 38 , 000 us taxpayers have avoided prosecution by voluntarily disclosing offshore accounts to the irs , and 371 were zkb clients , according to the complaint .
two years ago , switzerland’s two largest banks - ubs and credit suisse - were ordered to cut risks , strengthen reserves and generally better . . .
as global financial regulators grapple with making the system safer , banks are trying to second guess the future landscape and formulate . . .
disclaimer : business & human rights resource centre and its collaborative partners take no position on the diverse views presented in linked material by the various commentators , organizations & companies . as with any database , we cannot guarantee the factual accuracy of all the articles & reports we make available .
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at ibm , when performance review time rolls around , staff get judged not only on their past achievements but also on how they might pe . . .
samsung has taken the ‘make in india’ initiative to another level by launching ‘ . . .
more than three quarters rejected the so - called sovereign money initiative , according to the official result released from the swiss government .
the executive also said the company is
deepening its investment
in the midd . . .
economists suggest that the world’s fourth socio - economic revolution might stem from this development as switzerland has emerged as a serious competitor to california .
tourism is the mainstay of the village so it abounds in the owner run exotic hotels and restaurants and cafes .
the castle itself was built in the early 13th century by the rapperswil counts , powerful nobles who moved from across the river to settle here .
the creative community says the make in india campaign should be complemented with participation in global art shows and an upgrade of india’s design ecosystem .
there is a buzz these days at the usually tranquil paradeplatz headquarters of zuercher kantonalbank , where flocks of people were crowding in .
the age of super - secret banks is over ? there are countries which allow the super rich to park money in their banks .
roman polanski began his house arrest on $ 4 . 5 million bail , rolling into the luxury resort of gstaad in a police convoy to a warm welcome from his wife and children at his alpine chalet .
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zkipster’s new financing round comes on the heels of launching zface , a picture sourcing engine that helps event planners put a face to a name , the industry ' s first digital picture guest list . last week , the new york times called zface
the new weapon to the defensive arsenal
of event planners .
the zkipster team has managed to build an impressive track record in a very short time , ” said david hug , a member of zkb ' s startup - finance team .
they turned a paper based solution into a digital business giving event planners a tool to professionalize their offering . our commitment will help zkipster continue its significant growth and maintain its leading position .
zkb is the perfect fit for us – bringing their start - up resources together with our vision to deliver strong guest list solutions to our clients ,
said zkipster co - founder david becker . “but this is only the first step . we are working on a series of exciting guest list solutions and are excited to partner with one of the world’s safest and best rated banks to unveil them .
zkipster - guest list solutions was founded in 2009 by david becker and daniel dessauges to provide simple , user - friendly guest list solutions and replace needless paper clipboards at clubs and bars . since launching a new york city office in summer 2012 , the company has focused on expanding its business footprint into the professional event planning industry .
to date , zkipster has secured contracts with more than 1 , 000 brands and organizations in art , fashion , media , non - profit and government agencies in more than 40 countries . furthermore , zkipster ' s product team is working on building add - on features based on feedback of clients like hbo , the whitney museum , john varvatos and sotheby ' s .
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speaking to citywire switzerland , norbert albin , who is a partner at albin kistler , said the reason behind the move is succession issues , as his and partner andré kistler’s children don’t want to work in the industry .
while the asset manager doesn’t have finalised guidelines for the cooperation yet , albin said work groups are going to explore opportunities further in the nearest future . ‘at the moment it is important that we can work in the same way we always did , so clients won’t even feel that we have a new shareholder . ’
albin added employees are positive about the change and said no one is planning to leave the firm . ‘we also informed the network of our clients about this . some of them are critical and asked good questions but the majority have congratulated us . we advise chf 4 billion and are not planning to change our research process . ’
albin said the firm ' s workflow won’t change , nor will its heavy emphasis on research . for example , albin kistler hired seven analysts over the last three years and has plans to add more .
‘we want to beat the competition in achieving outperformance , especially in the bond and swiss equity spaces . good research is essential for that , we plan to maintain and invest even more into it , ’ he said .
albin added he has full flexibility to change asset allocation and is overweight equities at the moment . the big share of allocation is bonds issued in swiss francs , while paper issued abroad adds up to 30 % across portfolios .
‘in the bond space we earned quite a lot of money this year . we are investing mostly in bonds of companies issued in swiss francs and you can still finds good returns on this market . ’
when it comes to investments in funds , albin ' s team is invests with caution . albin kistler has its own fund palette , both in swiss franc and foreign currencies , for instance the albin kistler schweiz and albin kistler obligationen .
the firm also recently launched a new small mid - cap strategy albin kistler aktien small & mid cap schweiz . ‘small clients like funds but for big clients we are investing almost exclusively directly in equities or bonds . meanwhile we are not tackling alternative investments’
he said when it comes to regulations , the firm hasn’t experienced issues so far . albin kistler complies with finma rules and has mainly swiss clients . ‘however , if new regulations are coming our way , to have graubündner kantonalbank as a partner will be definitely an advantage . ’
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the assets of st . galler kantonalbank ( sgkb ) are covered by a government guarantee . the company has an aa1 rating of moody’s .
take - over of ' sparkasse der katholischen administration des kantons st . gallen '
first branch beyond the borders of the canton of st . gallen in herisau , appenzell - ausserrhoden
st . galler kantonalbank ltd . st . leonhardstrasse 25 9001 st . gallen t + 41 ( 0 ) 71 231 31 31 e - mail
the ccrs advisory board is designed to provide strategic guidance in research and outreach activities . as such the advisory board ensures that the center remains true to its mission , which is to explore the role of the private sector in sustainable development and conduct interdisciplinary research that contributes to a better understand - ing of sustainable change in society , public policy and business .
prof . calestous juma , kennedy school of government , harvard , cambridge ma ✝ 12 . 15 . 17


farrells is an architecture and urban design firm founded by british architect-planner terry farrell with offices in london , hong kong , and shanghai .

the firm has won numerous awards for their characteristic mixed-use schemes , transit-oriented development , contextual urban placemaking , and cultural buildings .

farrells

farrells won the design competition for a new headquarters for hong kong’s public broadcaster .
farrells ( london ) llp has achieved compliance against the uk government’s bim level 2 standard .
the 35 - acre site at royal albert dock is set to be transformed by farrells .
his other responsibilities include internal audits within the practice to add value and implement farrells procedures .
a born and bred londoner , harry was adopted from the battersea dogs & cats home by farrells partner neil bennett in 2005 and soon joined the farrells team as the office mascot .
before farrells , hattie was at savills , piquing her interest in the built environment industry .
the point was the first building completed at paddington basin as part of farrells’ 1996 masterplan .
since joining farrells in 2017 , victoria has helped with a variety of hong kong projects .
eva joined farrells in 2016 as an architect . she works on royal albert dock office development .
farrells big picture thought leadership thinking about surface access to airports lead gatwick to commission farrells in 2012 to support their overall advocacy for a second runway at gatwick , and a transformation of the airport .
kier joined farrells in 2016 as a project architect . during his time at farrells he has been working as project architect for three residential towers within a large mixed - used masterplan in canary wharf .
other farrells projects we ' ve featured include the 442 - metre kingkey 100 skyscraper in shenzhen and a proposal to convert london ' s battersea power station into a park – see all architecture by farrells .
edward joined farrells in 2016 as an architectural assistant having studied at newcastle university . having worked on a variety of both architectural & urban design projects at farrells edward has now moved into a business development role .
in 1570 , however , the o’farrells submitted to queen elizabeth i and annaly became the county of longford .
adi joined farrells in 2017 as our payroll & hr administrator , her role involves maintaining and enhances the farrells human resources by planning , implementing , and evaluating employee relations and human resources policies , programs , and practices .
ioana joined farrells in may 2017 and has been focused on the london paramount project . prior to joining farrells , ioana worked as an urban designer and planner in both the public and private sector in bucharest , romania .
farrells completed a £7 million key worker housing scheme in hammersmith and is masterplanning the £1 billion northern gateway development .
ryan joined farrells as an architectural assistant in may 2017 and is currently working on the horizon building in ilford .
since 2014 , sandy has welcomed guests to farrells’ hong kong office and provided administrative support to the architectural team .
if your last name is farrell , or you have links to farrells in your family tree , then you could be of help to local writer , anna delaney , who is currently working on a project entitled ‘finding the farrells’ .
the one excellence master plan by tfp farrells places renewed focus on the pedestrian realm and the quality of public spaces .
farrells vision for old oak common is focused on the unparalleled level of accessibility this potential ‘super hub’ interchange will have .
farrells designed the new police officers’ club in causeway bay , an important reprovisioning work for the shatin to central link .
farrells eco - development will be part of a long - lasting and holistic plan for the whole of bicester town .
architecture studio farrells have been honoured with an nec award for their delivery of a waterfront swimming pool in hong kong .
ameeka joined farrells in january 2017 as an architectural assistant , after graduating with a ba honors in architecture from kingston university . in her time at farrells , she has worked on several projects , and is currently working on the cumbria vision .
farrells will deliver their masterplan in late summer following an in - depth consultation process throughout the university and wider city region .
jonathan joined farrells in 2016 as an architectural assistant having completed his m . arch at curtin university , australia in 2014 .
farrells have achieved planning and listed building consent with our sensitive design for the refurbishment of the grade ii listed pantechnicon building .
farrells collaborated with samoo architects to deliver two key stations of the new doha metro in qatar – msheireb and education city stations .
edwin joined farrells in 2011 following his undergraduate degree at newcastle university and having spent a year in a small architectural practice specialising in interior refurbishments . he continued to work at farrells during his masters at westminster university and his part 3 studies at london metropolitan university .
having laid out the masterplan for shanghai shipyard , farrells are now delivering the vision for this strategically significant site along the huangpu river .
pamela is the finance partner at farrells , joining the business in 2010 to manage the strategic and operational financial plans of the practice .
apart from his architectural interests , joshua is passionate about drawing , exercise and fitness . he also plays for the farrells football team .
recent work with farrells includes the thames gateway , the campaign for ‘urban greening’ , and holistic sustainable planning of the uk’s transport infrastructure .
farrells are award winning architect planners with offices in london , hong kong and shanghai . current projects include residential and mixed use schemes for
farrells has proposed a series of low - level bridges over the river thames to help stimulate water - side development in east london . more
his work with farrells includes the thames gateway , the campaign for ‘urban greening’ , and for holistic sustainable planning of the uk’s transport infrastructure .
mafalda joined farrells in 2016 as a visualiser , working on our skylines village proposal at the beginning and on many other projects since then .
the 35 - acre site at royal albert dock is set to be transformed by farrells , into a gateway for asian and chinese business .
at farrells he is currently working as part of the royal albert docks team on the production of construction information as work begins on site .
james joined farrells in 2011 as a 3d visualisation specialist and is responsible for overseeing all visualisation material undertaken both in - house and externally .
a new scheme by farrells for dolphin living comprising 29 apartments , 14 of which are affordable , completed in gorleston street , hammersmith and fulham .
farrells , together with galliford try partnerships , has been appointed by ealing council to work on the regeneration of perceval house , the council’s headquarters .
dezeenwire : the kingkey finance tower by architects farrells , the tallest tower in shenzhen , china , topped out today . more details below . more
prior to joining farrells , ameeka has spent time working in other aspects of the architectural world , most recently gaining experience as a model maker .
farrells designed the largest stop on the lantau airport railway line , kowloon station , which serves both the tung chung line and the airport express .
since joining farrells , david has been working on the high - profile bim project m + museum in west kowloon cultural district , hong kong .
nira joined the farrells finance team in may 2014 as an accounts assistant . she is currently studying towards an acca qualification , and her role at farrells is giving her broad experience of financial management , audit preparation , hr and payroll which supports her studies . outside of farrells she runs candy buffett table decoration for parties ( check out her facebook page creative candy by nira ) , and enjoys yoga , badminton and spending time with her family .
mavis joined farrells in 2014 . she provides support to the team delivering the m + museum for visual culture in hong kong’s west kowloon cultural district .
leading international architect farrells has confirmed it has made a handful of redundancies at its london office in the face of ‘economic and political uncertainty’ in the uk .
martim is a portuguese architect and joined farrells in 2016 . he works mainly on residential building projects with small adjacent facilities as convoys wharf and chelsea waterfront .
trine joined farrells in 2015 as an architectural assistant , working on numerous projects since then , including the redevelopment of earls court and several interior design projects .
british firm farrells has carved a large opening into the zinc - clad roof of its swimming pool complex in hong kong to offer outdoor bathers bay views . more
farrells consented masterplan for deptford will transform an inaccessible site , creating a new waterfront , with cultural and commercial amenities , along with a high quality residential environment .
farrells have been involved with masterplanning the thames gateway for two decades , believing passionately in the potential east london and the estuary have to accommodate london’s future growth .
at farrells , alessandra is involved in several mixed use retail driven schemes across london with the mission to create value and opportunities on challenging sites featuring heritage buildings .
shevaughn is a partner at farrells whose vast development experience and construction knowledge support her in the position of overseeing all technical and delivery aspects for the london office .
the university have set a high bar for carbon savings and sustainability . accordingly , farrells invited buro happold into the project by for their expertise in environmental engineering . buro happold will analyse the environmental performance and regulatory compliance of the existing building stock , enabling farrells to ensure that sustainable principles form the basis of the masterplan strategy .
here are some photographs of the 442 - metre kingkey 100 skyscraper designed by architects farrells , currently the tallest building in shenzhen and tenth tallest in the world . more
grace joined farrells as an architectural assistant in august 2017 , having just graduated from the university of sheffield with an undergraduate degree in architecture . grace has worked on a variety of projects during her time at farrells , primarily as part of the urban design team and is currently working on the 150ha site masterplan for manchester’s ‘northern gateway’ .
before farrells , martim has worked with the practice on many public and private projects but also on development of bim levels and coordination of different teams , in portugal and uk .
lucía joined farrells in february 2014 and she has worked since on a wide range of different projects , from masterplan developments like old oak common to the refurbishment of the pantechnicon .
at farrells , joshua is assigned to the kowloon east regional police headquarters , a major hong kong government project that is pioneering the use of bim throughout the project life cycle .
many of the o ' farrells of annaly took an active part in irish resistance to english aggression . one of the o ' farrells of annaly , ceadagh o ' ferrall was killed at the battle of the boyne in 1691 , and three of his sons distinguished themselves as officers of the irish brigades in france , where some of the family settled in picardy .
foteini joined farrells in january 2017 . since joining the practice she has worked on residential and office projects such as dulwich hamlet football club , colliers wood and building c , brentford .
more than 300 acres of land north of victoria station , through the neighbourhoods of new cross , lower irk valley and collyhurst will be developed on as per a masterplan from farrells .
katerina is an urban designer and architect with more than 8 years of international work experience . being part of the farrells team , katerina is leading large scale masterplans and public realm studies , such as gatwick airport masterplan and the london resort . before joining farrells , she worked at transport for london as an urban designer for projects associated with major road schemes in london .
the farrells team will also advise the university of leicester on their forward strategic planning , looking at how the aspirations of the university can be accommodated in and around its central city campus .
alec joined farrells in 2014 , having completed his m . arch at newcastle university and the national university of singapore , where his work focused upon ‘off the grid’ housing in tropical environments .
miruna is part the royal mint gardens team at farrells , working on the production of the detailed design packages and interior fit out coordination . this culminated in successfully completing stage 4 documentation .
since joining us in 2013 , katty has been invaluable in providing administrative support to the farrells hong kong office , helping senior staff with a variety of projects and making business travel arrangements .
notable projects include charing cross , whilst senior associate at farrells , as well as vodafone hq , mintel hq , bungalow 8 , the lansdowne club , plane food and the bronze house .
macdonnell ( 10 people ) , farrells ( 17 ) . o ' hagans ( 6 ) , macelvay ( 5 ) , knowlan ( 5 ) , quinn ( 4 ) , mackay ( 4 )
since joining farrells magnus has worked on completing interior fit - out packages for mixed - use residential development royal mint gardens , and is currently working with an early stage residential scheme in east london .
news : architecture firm farrells has won a competition to masterplan two major commercial sites in the growing qianhai special economic zone in shenzhen , china , with plans that include a 320 - metre skyscraper . more
dan joined farrells in 2012 as a model maker , creating master planning and architectural development models . in spring 2014 dan was promoted to senior model maker , and is directing and supervising the model shop .
giulia joined farrells in 2017 as an urban design assistant after completing the “international architectural regeneration and development” master course ( ma iard ) at the school of architecture of the oxford brookes university ( uk ) .
since joining farrells , sophie has been part of the external design and cladding team for the royal mint gardens project , a complex residential scheme located on a busy infrastructural network close to the tower of london .
since joining farrells in 2016 , victor’s exceptional understanding of bim technologies , architectural visualisation and digital design processes has made him a key member on projects including evergrande ifc and most recently the kowloon east regional police headquarters .
having missed the city of opportunities she returned to london to join farrells . as well as practicing yoga and swimming weekly , she loves exploring london’s delights , absorbing all aspects of its art , design and architecture .
janice joined farrells after completing her master’s degree . as an architectural designer , janice has participated in a masterplanning design competition and is currently part of the team working on a mixed - use development in qianhai , shenzhen .
at farrells , donika is part of the convoys wharf team , currently working on the developed design of the first residential project and its planning application , as part of the approved grand masterplan scheme in deptford , london .
being a part of farrells team , daria is working on barking wharf masterplan , developing the vision for outstanding riverside land in barking . she holds a master degree in international architectural regeneration and development from oxford brookes university .
farrells’ process will seek to enable the university’s aims to grow student numbers and achieve a sustainable , energy efficient campus environment . initially , a detailed college by college space and usage analysis will result in strategic proposals for achievable increases in the efficiency of space use on campus , with potential solutions ranging from changes in timetabling to new forms of accommodation . using the results of this analysis , farrells will then look at transforming the public realm of the campus . the project will be led by farrells partner neil bennett , an expert in the higher education sector who has previously led masterplanning projects for many universities including oxford , dundee and manchester . neil says of the project :
donika joined the farrells team in 2016 . she graduated from the architectural association school of architecture with her thesis “sensational landscapes of datascenarios“ , where she explores an architecture for our heightened senses based on ever - changing environmental elements .
laura joined farrells in 2015 as an architectural assistant looking to experience a larger team dynamic . since then , she has worked on numerous projects , from masterplanning bids to the coordination of detailed design packages at royal mint gardens .
a farrells spokesperson said : ‘towards the end of 2015 a number of our projects in the capital paused in the face of economic and political uncertainty , chiefly driven by the london mayoral elections and the outcome of the eu referendum .
oleg joined farrells in 2014 after earning his undergraduate degree from the university of newcastle school of architecture . in 2017 , he completed his part ii studies at the sir john cass faculty of art , architecture and design in london .
a recreation club for senior police officials in hong kong has been demolished to make way for a new facility designed by tfp farrells . the scheme is part of a wider multi billion - dollar infrastructure project linking hong kong island and
max farrell , partner , is leading the review at farrells . max has a background in public affairs and public relations . he has an ma in urban and regional planning from the university of westminster and is a member of the academy of urbanism . at farrells his role includes liaison with local and national government on high speed rail and aviation strategy as well as proposals for a new transport ‘super hub’ at old oak common where hs2 meets crossrail in west london .
eirini joined farrells in 2016 as an architect . she has worked on mixed - use projects including the skylines development on the isle of dogs and the castle green regeneration in barking . she is currently working on the euston station masterplan .
kezf , document controller , joined farrells in august 2014 . he is responsible for maintaining company documentation in the hong kong office including the packages for the west kowloon cultural district authority . his hobbies include travel , music , and reading .
in designing the master plan for one excellence in qianhai , china , tfp farrells have looked to improve upon similar typologies in the us and the uk , with their greatest innovation being the renewed attention given to pedestrian traffic and public spaces .
farrells has unveiled new images of a conceptual new town called “nam tong” in eastern hong kong . in light of rising population and a scarcity of land , the nam tong proposal is intended as a means for hong kong to grow sustainably .
the farrells are a scotch - irish family living in appalachia ( kentucky , to be specific ) , and outsiders follows what happens to them when coal companies want their home for its resources . what really sets the family apart is that they live totally off the grid , far removed from the towns down the mountain . there is a certain air of mythology surrounding this community that seems out of place in the modern world , because that ' s exactly what the farrells are .
while the actual plot the farrells find themselves in on outsiders emphasizes the freedoms it is granted as a fictional tv series , the cast and creator ' s own research and inspiration should add a richness and authenticity to the world they inhabit .
farrells , which has offices in london , hong kong and shanghai , is creating the masterplan for the £1 billion development , which will comprise around 230 , 000 square metres of office space as well as shops , apartments and leisure facilities .
manuel joined farrells in 2014 after graduating as an architect in spain in 2012 , working on different projects including the redevelopment of earls court and chelsea waterfront project . also he worked for a while on different proposals for the point in paddington .
1 . farrells is a firm of internationally recognised architects and urban designers with offices in london , edinburgh and hong kong . the company is renowned for its expertise in architecture , urban design and planning . for more information you can visit urltoken .
the nec judges cited the kennedy town swimming pool project for the “excellent time management and delivery” demonstrated by the development team , and the effective working relationship between the hong kong government , the mtr corporation , engineering firm paul y construction and farrells .
global architecture firm farrells – led by sir terry farrell – are behind the masterplan for the upcoming london paramount resort , coming in 2020 . speaking to clad , a representative for london resorts company holdings ( lrch ) , which is behind the £2bn
dezeenwire : work is nearing completion on the 442m kingkey finance tower in shenzhen - the eighth - tallest building in the world . designed by farrells , the building is also the tallest ever by a british architect . more info and images below . more
since joining farrells in 2016 , king is has worked on the kowloon east regional police headquarters . he graduated from birmingham polytechnic in 1992 and became an arb registered architect in hong kong in 1999 . he is also a member of hkia and riba .
farrells director stefan krummeck said :
an integrated team approach was adopted amongst to ensure thorough understanding of the common objectives for time , cost , quality , safety and community expectations for project delivery . this teamwork was integral to the project’s success . ”
farrells director stefan krummeck told clad :
an integrated team approach was adopted amongst to ensure thorough understanding of the common objectives for time , cost , quality , safety and community expectations for project delivery . this teamwork was integral to the project’s success . ”
since joining farrells in 2013 , tolis has worked on projects including the west kowloon cultural district and m + museum in hong kong , sung wong toi station in hong kong , one excellence qianhai in shenzhen , and most recently the kowloon east regional police headquarters .
his longtime interest in materiality and building envelope design is currently taking shape on the construction of a unique facade for the m + museum in the west kowloon cultural district , where he leads farrells’ facade team and collaborates with joint venture partners herzog and de meuron .
ben comes from a background in urban planning and has long been passionate about cities , communities , and transportation . prior to joining farrells he worked as a planning assistant at griffiths - muecke associates and as a research assistant at the chinese university’s school of architecture .
“i welcome anyone with an interesting farrell story to tell . although i’m sure i will be kept busy with local farrell family stories , there were also many thousands of farrells who left longford to a life abroad , in search of greener pastures , so to speak .
duncan has worked with farrells since 1987 and has over 30 years’ experience on a wide range of projects , from a detailed involvement with the design and implementation of the mi6 headquarters building at vauxhall cross through to complex masterplans such as earls court and royal albert docks .
as sir terry’s executive assistant , emma’s role has evolved over the last fifteen years to play a central role in the office’s publications and archival resources . previously working in the music industry , emma brings creativity and flair to all her projects and her farrells knowledge is unsurpassable .
‘finding the farrells’ invites families both at home in ireland and around the world to share their family stories , which will be gathered together and printed in a collection of books - the first of which will be launched in july 2018 , during the farrell clan rally in longford .
sangsoo joined farrells in 2007 as a key member to deliver the peninsula place project , a new office building in greenwich peninsula , where he has played a key role in the detailed design to completion of the project . he was in charge of various external & internal packages .
lisa joined farrells in october 2017 to establish the new manchester office and is working on the northern gateway masterplan . she is an enthusiastic architect with experience of delivering projects from feasibility through planning to construction with a focus on buildability , whilst remaining true to the original design concept .
adriyana joined farrells in 2013 as an architectural assistant and has worked on projects such as earl’s court and lots road . she enjoys being involved in the project coordination within the project design team . currently , she is doing her master’s degree in architecture at the university of westminster .
as a visualiser at farrells , oleg has worked on nearly all the projects in the office , ranging from large - scale masterplans to residential developments . apart from his strong digital skills , he is also talented at hand - drawing and is always working on a new illustration .
outside of farrells , grace enjoys snowboarding and playing basketball ( no choice when you’re 6 - foot - tall ! ) , having captained the university team during her final year at sheffield . she ventured down from the north after graduating and is so far really enjoying the london lifestyle .
since joining farrells in 2015 , wesley has been responsible for the design of qianhai financial centre in shenzhen , a mixed - use development at the heart of a new special economic zone . as a key member of the design team , he has overseen design development from concept to construction .
the o ' farrells were lords of annaly near longford and their chief , known as lord of annaly , resided at longphuirt ui fearghaill ( o ' farrell ' s fortress ) from which the name of county longford derives . the o ' farrell sept was so important that much space is accorded to them in the
annals of the four masters
. there were two main branches of the o ' farrells , the chiefs who were referred to as o ' farrell boy from
buidhe
meaning yellow or golden , and o ' farrell bane from
bán
meaning fair or white .
kwok - wai is a senior architectural technician at farrells with more than 40 years of experience in the field of architectural drawings and documentation . he is well - versed in local building control and statutory compliance and holds expert knowledge of the preparation and co - ordination of government submissions and working drawings .
annie holds a beng ( hons ) architecture degree from the university of liverpool , uk and xi’an jiaotong - liverpool university , china . she is taking her second year out , having previously worked at the farrells shanghai office for more than a year . annie has now joined the hong kong office .
before joining farrells , simon had practised over 17 years and realised many buildings in the uk and far east . as lead designer or project architect , he had delivered a wide spectrum of culture , health care and residential projects including the award - winning shanghai science museum and london canning town regeneration .
outsiders & apos ; off - the - grid tribe , the farrells — led by big foster ( david morse ) — aren & apos ; t being pushed off their land by the government for hipster real estate , but for coal . the clan has been squatting for decades , living off the land .
magnus joined farrells in 2016 as an architectural assistant after graduating with a b . arch . from university of westminster , where he was awarded an achievement award for his second year marks . he has an interest in housing policies and social housing and focused his final year at university on gentrification and class segregation .
the site chosen for the pool was a derelict car park on a patch of reclaimed land , with an uninterrupted sea view . farrells were commissioned to create a memorable landmark surrounded by landscaping , trees and green walls to revive the neighbourhood and attract local residents to keep fit and healthy by using the facility .
matthew is a uk registered architect and associate at farrells who graduated from the bartlett school of architecture . he previously worked with zaha hadid architects and has a strong design background with experience of a wide range of project types , both throughout asia and within the uk , including high speed rail stations and supertall skyscrapers .
janice graduated from the royal college of art with an ma in architecture . her thesis project was well - received and published as a featured article in the prominent dezeen webmagazine . since joining farrells , janice has participated in many projects including the guangzhou museum , hong kong m + museum , and the dubai metro .
daly has been working on the design of buildings , urban spaces , and infrastructure in asia since 2010 . since joining farrells’ hong kong office as a bim architectural designer he has been involved with the singapore high - speed rail terminus project as well as the m + museum in hong kong’s west kowloon cultural district .
edward joined farrells after studying his undergraduate degree at the kent school of architecture where he graduated with first class honours and the humanities rotary prize for distinguished performance . his final year project received a high level of recognition after featuring in the architects journal and being nominated for the prestigious riba president’s medals student award 2016 .
a member of the executive group in london , shevaughn is a central part of the senior management team . leading the farrells delivery group , shevaughn is passionately committed to driving projects from scheme design through to completion , whilst her experience and precise aptitude in problem solving allow her to lead large multi - disciplinary teams .
before joining farrells he worked as an architect at oma rotterdam where he developed his design skills working on various high profile projects worldwide , while as an independent architect he has developed completed projects in europe and asia , covering a broad range of scales and sectors from exhibitions to hospitality , residential , retail , and commercial .
working with uk developer stanhope and architects and masterplanners farrells , abp have a commitment to developing a minimum of 600 , 000 square feet in the first phase , with strong interest for office space already being shown by chinese companies , including some of the country’s top banks . the first occupiers are due to move in in 2017 .
since joining farrells he has worked on many high profile architecture and urban design projects including regents place , lots road , peninsula place retail , bicester , st . ermin’s hotel , earls court , nine elms , eagle house and royal mint gardens . he is currently working on a mixed - use development on edgware road in london .
since joining farrells in 2016 , helen has worked on office tower common area fit - out in qianhai , shenzhen , china and as well as the kowloon east regional police headquarters in hong kong . she gained a bachelor of arts degree with honours in interior architecture & design at nottingham trent , uk and achieved leed accreditation in 2015 .
simon joined farrells in 2014 for the redevelopment of the landmark lots road power station . with a strong portfolio of building delivery , he brings in all his site experience and knowledge and oversees the shell and core construction of the project . he’s a member of the office qa review panel and the practice mentor of london school of architecture .
“the university of leicester has already achieved a remarkable degree of growth and development , making it one of britain’s most dynamic universities . farrells big picture thinking work with the university on the masterplan is an opportunity for the university of leicester to reflect , assess and plan its future options in a period of dramatic uncertainty for the higher education sector .
in her previous roles at aedas and wong and ouyang , crystal gained extensive experience in space planning , interior design , detailed design , tender documentation , government submissions , contract adminstration , project administration , and site coordination . since joining farrells in 2016 , crystal has primarily worked on the kowloon east regional police headquarters for the hong kong government .
megan joined farrells in september 2016 , after completing her architectural studies at newcastle university and the university of liverpool . as part of her master of architecture she led in the design and build of a 50m² star gazing pavilion and community event space in the heart of northumberland national park , which received a high commendation for the riba macewen award .
since joining farrells in 2013 , angeliki has been a key team member on a number of mixed - use developments in china , including the lujiazui financial district in shanghai and the xiamen ifc . in hong kong she has worked on the west kowloon cultural district’s m + museum and recently on the kowloon east regional police headquarters in kai tak .
piotr joined farrells in 2016 as an architect . he has worked on royal mint gardens residential project and has focused on townhouses , commercial and communal spaces coordination with consultant information in a wider context of the whole development . before joining farrells he worked for different architectural practices in london and was involved in education , office and residential projects . he worked on a wide range of projects from small to large scale developments . piotr graduated from silesian university of technology in gliwice , poland with march degree in architecture and is a member of silesian chamber of architects . before he moved to london he worked in poland on variety of culture , public and sport facility projects and on competitions as well .
neil is lead partner at farrells architect / planning practice for strategic infrastructure and urban design projects . an architect - planner with over 30 years experience in the creative and enabling aspects of place - shaping and built environment projects , neil is currently advising both public and private sector clients on the development impact of some of uk’s major planned infrastructure investments .
farrells , whose 442 - metre kingkey 100 is currently shenzhen ' s tallest skyscraper , claims the proposed evergrande tower will become the second - tallest building in china , although construction is already underway on nine towers that will exceed 500 metres – including gensler ' s 632 - metre shanghai tower and the 660 - metre ping an finance centre by kpf .
ellen has been working in architectural practice in hong kong since 2003 . she joined farrells in 2008 and has had direct continuous project experience on transport related projects in hong kong through all stages of design and construction procurement . her project experience includes railway stations , recreational facilities and masterplanning . ellen holds a thorough understanding of the local building codes and regulations .
the second and final phase of the kennedy town swimming pool , designed by farrells , opened on 7 february . it includes two new indoor heated pools , measuring 50 and 25m length respectively , as well as a jacuzzi . the swimming pool’s first phase , comprising a 50m outdoor pool and an outdoor leisure pool , opened to the public in may 2011 .
that ' s not to say that there haven ' t been real communities
apart from modernity ,
so though outsiders is fictional , the farrells ' lifestyle is not something out of the question or completely outlandish . you may even notice nods to the fact ( which is often exaggerated to myth ) that appalachian settlers preserved shakespearean / elizabethan english for centuries .
working through all stages , from conceptual design to on - site construction and completion , phil’s role of senior associate is grounded in his experience with foster + partners and eric parry . since joining farrells in 2015 , phil has worked on mixed - use developments in xiamen and jinan , and recently on the m + museum in collaboration with herzog and de meuron .
in january 2013 ed vaizey , minister for culture , communications and the creative industries , asked me to undertake a national review of architecture and the built environment . i have undertaken this review independently with my team at farrells and advised by a panel of 11 industry leaders with a breadth of experience that covers education , outreach , urbanism , architecture , property and philosophy .
peter is a design partner at farrells whose expertise lies in concept design and design development through to completion . his experience is wide ranging and includes buildings in the commercial , residential , retail , cultural and leisure sectors as well as urban design and interior design projects . peter is responsible for complex , mixed - use urban regeneration projects throughout london and also in asia .
as a leed accredited professional in the us and a beam professional in hong kong , simon emphasizes the importance of sustainability by marrying innovative solutions with passive designs while maximizing social , economic and cultural benefits . simon is leading the farrells team on the m + museum , holding responsibility for the overall design , management , operation and implementation of this high - profile project .
andrew , a project director , joined farrells in 2005 after working at design research unit ( dru ) and founding building design studio ltd . he holds experience on a wide variety of projects in hong kong , mainland china , india , thailand and japan , ranging from large - scale commercial towers and associated developments , business parks , retail developments and complex infrastructure projects .
she believes that employees should be offered a stable work environment with equal opportunity for learning and personal growth . creativity and innovation are encouraged for improving the effectiveness of employee relations . above all , employees are provided with respect and caring attitude within farrells . as an hr representative , she loves being the link between the company and the employees and loves being a people’s person .
born in granada , spain , and with a master’s degree in architecture from the european university of madrid , carlos has large experience in international projects of different scales and typologies in spain , france and the uk . before joining farrells in january 2017 , he has worked in multi - awarded european offices such as studio odile decq in paris and stanton williams and pdp in london .
lisa completed a masters in architecture and urbanism followed by a masters in architecture at the manchester school of architecture in 2013 , where she now tutors as a part - time associate lecturer . prior to joining farrells , lisa worked for prp on a variety of projects including medium to large scale residential developments , extra care schemes , drama and tv studios , feasibility studies and competitive bids .
since joining farrells in 2016 , maysa has played a leading role in the delivery of a vision for housing - led regeneration in west cumbria . she has also been involved in several mixed - use and transport masterplans in london . aside from project work , maysa seeks to promote the role of the arts in the built environment and sits on the place alliance’s arts & place steering group .
ó duibhgeannáin , o duigenain , duigenan , duignan , dignan , deignan , duignam , dignam , & c . ; ' descendant of dubhgeannán ' ( diminutive of dubhceann , blackhead ) ; the name of a distinguished literary family in co . roscommon , who were hereditary chroniclers to the clann mulrony and conmaicne , that is , to the macdermotts , o ' farrells , magrannells , & c .
working between the farrells offices in london and hong kong , benjamin played an integral role in much of the practice’s large - scale work across europe and asia . his holistic approach to design is rooted in the local context of a particular project . this is exemplified in london’s swiss cottage revitalisation , where existing structures of architectural significance were retained and enhanced with new public spaces that enjoyed immediate popularity .
josephine leung , a senior secretary with farrells , has been working in the architectural and construction industry for over 15 years . she has been involved in many types of projects , including transportation , schools , hotels , residential and mixed - use developments . josephine is well - versed in all project stages , from tender to completion , and holds sound knowledge of government statutory submissions and project administration .
since joining farrells in 2016 , annie has contributed to the different design development stages and drawing production of several major , mixed - use developments in mainland china . 2d and 3d computer drafting skills were employed to support the scheme and detail development of retail podiums , link bridge , and tower canopies . she worked closely with project architects to develop design ideas , with a particular focus on facade systems .
keithan , an architectural technician , joined farrells after acquiring several years of comprehensive architectural experience in china . employing his technical expertise in autocad and revit , keithan prepares architectural drawings including plans , elevations , sections , and details . he works with clients to ensure that designs meet their requirements and expectations , helping to ensure that the final product is built to a standard that satisfies users and owners alike .
prior joining farrells , daria worked at lda design and contributed to the successful delivery of a wide range of urban design and masterplanning projects in several locations around the uk , india and russia . her experience covers a great variety of projects , from central london university campus to revitalization strategies for deprived london areas , from airfield regeneration visions to masterplans for new town for more than 25 , 000 residents .
architecture studio farrells have been honoured with an nec award for their delivery of a waterfront swimming pool in hong kong . the firm , led by terry farrell , won the nec award for large project of the year 2016 – which recognises excellence in project delivery and good practice . they were commissioned to build a new home for the kennedy town swimming pool , after its former facility was demolished to make
having joined farrells 25 years ago , neil is lead partner at the architect / planning practice for strategic architecture and urban design projects . as an architect – planner , he has a wealth of experience in the creative and enabling aspects of place - shaping and built environment projects , and is currently advising both public and private sector clients on the development impact of some of uk’s major planned infrastructure investments .
alessandra holds a master in architecture and urban design from polytechnic school of torino and before joining farrells , she worked in award - winning practices in france ( adpi ) and italy ( claudio modola architects , claudio nardi architects , pls design ) . focusing on retail driven schemes at various scales , from airport mall space planning to high end boutiques interior design , alessandra has worked on a diverse portfolio of projects .
max was previously head of the community and regeneration sector at electoral reform services , the uks leading electoral services company , where he devised and led public engagement programmes for ballots and referendums throughout the country . prior to joining farrells in 2010 he was a public affairs consultant at pall mall consult where he engaged with local and national government on behalf of private and voluntary sector organisations on high profile projects including eco towns .
the urban dialogue architectural exhibition—previously shown in hong kong , shenzhen , and shanghai—was launched today ( 12 october 2017 ) at the ura centre in singapore . it will be open to the public , free of charge , until 15 november . it is presented by farrells , the award - winning architects and urban designers currently designing the singapore terminus of the high - speed railway to kuala lumpur , scheduled to open in 2026 .
having studied architecture in lisbon and a year abroad in milan , she worked at joao paciencia architects in lisbon . her interest in 3d started to develop and deciding to study more about producing visualization material , mafalda took a summer course in vancouver canada at vancouver film school , before moving to hong kong where she worked as a visualiser at oma . after that moved to uk where she worked at rshp before joining farrells .
jaewon joined farrells in 2016 and had worked on several regeneration and master planning projects . he is currently working on a large - scale project in london , where it is crucial to consider and address numerous topics - often conflicting with one another , such as the local communities , history , geography , traffic , housing demand and job prospects in the most harmonious manner to achieve a more sustainable future for the great city .
the coat of arms black greyhound crest is often used in irish folklore and particularly in gaelic poetry and mythology as an epithet to describe a valiant warrior . the crown denotes the golden crown of a duke ( as in the lords of annaly - the farrells ) the gold colour denotes generosity and elevation of mind while the golden lion rearing signifies bravery and nobility . the green field of the shield signifies hope , love and joy .
previously jonathan worked for a small but long established practice in australia that focused on designing sustainable communities , high quality affordable housing and developments , community infrastructure and beautiful environments . after gaining experience working on a range of projects including commercial , community and master planning , tourism and residential work he went travelling for a year before settling in london . at farrells jonathan is currently working on a mid - sized mixed use development in westminster .
waitong , an architectural technician , works primarily on projects for hong kong’s railway operator , mtr corporation , including three major stations on the shatin to central link , opening in stages between 2019 and 2021 : sung wong toi station , to kwa wan station , and exhibition centre station . he also contributed significantly to the express rail link project , for which farrells designed all above - ground structures in the new territories and northern kowloon .
ó duibhgeannáin , o duigenain , duigenan , duignan , dignan , deignan , duignam , dignam , & c . ; ' descendant of dubhgeannán ' ( diminutive of dubhceann , blackhead ) ; the name of a distinguished literary family in co . roscommon , who were hereditary chroniclers to the clann mulrony and conmaicne , that is , to the macdermotts , o ' farrells , magrannells , & c . ; their chief residence was at kilronan .
vaughn has been working with farrells since 2013 on a wide variety of projects , which include : earls court , euston station , imperial wharf , hayes and hillingdon , convoys wharf , charlton riverside and herringham road . studying architecture at wits university in johannesburg south africa , vaughn previously worked at gensler , heatherwick and arup . an artist in his spare time , vaughn can otherwise be found on his bicycle , exploring london or enjoying time with family .
jacky , a senior associate , has nearly 20 years’ experience working on landmark projects in hong kong and mainland china , including guangdong museum , guangzhou city library competition - winning entry , 1 peking road , and the hong kong government headquarters at tamar . since joining tfp farrells , he has contributed to projects of varying scales , including the kk100 development in shenzhen , beijing cbd masterplan and china zun , now the tallest building in the chinese capital .