verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2013 learn how and when to remove this template message lgt group type private industry financial services founded 1920 headquarters vaduz liechtenstein number of locations 20 key people prince maximilian ceo and president prince philipp erasmus chairman of the board of trustees products private banking asset management hedge fund and private equity owner prince of liechtenstein foundation number of employees 1 950 website www.lgt.com lgt bank in liechtenstein head office vaduz liechtenstein . lgt group is the private banking and asset management group of the princely house of liechtenstein . lgt originally known as the liechtenstein global trust is the largest family owned private wealth and asset manager in europe wholly owned by the prince of liechtenstein foundation . lgt is headquartered in vaduz liechtenstein with approximately 1 950 employees in over 20 offices around the globe asia europe the middle east north america and south america . 1 lgt operates through several divisions private banking lgt private banking provides wealth management services to private clients alternative asset management lgt capital partners is an alternative investment manager with around 60 billion of capital invested in investment funds hedge funds and private equity investments contents 1 history 2 controversy 3 rating 4 locations 4.1 europe 4.2 other locations 5 references 6 external links history edit 1920 company founded 1921 in may business activities commence with ten employees ; rented offices on the ground floor of the government building 1930 liechtenstein princely family acquires the majority of shares 1970 establishment of the prince of liechtenstein foundation which takes over the bank s share capital as lgt foundation beneficiary 1982 setting up of a representative office in london as the first foreign business base 1983 founding of bilfinanz und verwaltung ag zurich 1984 founding of bil treuhand ag vaduz 1986 bank in liechtenstein goes public 1989 takeover of gt management plc london 1990 founding of bil gt group ag vaduz 1996 change of name bil gt group becomes liechtenstein global trust and bil becomes lgt bank in liechtenstein ag 1998 sale of asset management division realignment of the lgt group hsh prince philipp 2 becomes new chairman of the board of trustees going private 2003 lgt group acquires schweizerische treuhandgesellschaft stg from swiss life 2005 stg becomes lgt schweizerische treuhandgesellschaft 2009 lgt sells its trust and fiduciary division lgt treuhand to first advisory group . 2009 lgt acquires dresdner bank switzerland 2015 medici firma & lgt acquires portfolio of private banking assets from hsbc in switzerland info can be found on the official website controversy edit main article 2008 liechtenstein tax affair the german tax authorities commenced numerous audits and prosecutions for tax fraud in the tax haven liechtenstein based on information on a cd acquired by the german secret service bundesnachrichtendienst . the cd containing large amounts of information on accounts held by german citizens and other nationals with the bank was allegedly obtained for a sum of 4 million from a former employee or contractor of the bank . 3 information was also forwarded to many other european states and australia leading to successful investigations there . rating edit rating standard & poor s moody s 2014 a a1 locations edit europe edit austria vienna ireland dublin liechtenstein vaduz and bendern switzerland basel bern chur davos zurich lausanne lugano geneva pf ffikon schwyz united kingdom london other locations edit australia sydney bahrain manama town china beijing hong kong central japan tokyo singapore uae dubai uruguay montevideo united states new york references edit http www.lgt.com en wir ueber uns lgt weltweit index.html dcsext.nav type 5 das f rstenhaus von liechtenstein . fuerstenhaus.li . fury in liechtenstein over german tax inquiry by tony patterson in the independent 20 february 2008 . retrieved 31 august 2013 . archived here . external links edit official website the princely house of liechtenstein retrieved from https en.wikipedia.org w index.php title lgt group & oldid 743644646 categories banks of liechtensteinbanks established in 1920private banksprivate equity firms of europeinvestment management companies of liechtensteinbrands of liechtensteinhidden categories articles needing additional references from august 2013all articles needing additional referencesofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages danskdeutschespa olfran ais italianolietuvi norsk bokm lportugu ssuomisvenskat rk e edit links this page was last modified on 10 october 2016 at 14 53 . text is available under the creative commons attribution sharealike license ; 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