Vontobel controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Group Lease-related claims
J Trust sought as much as CHF 214 million from Vontobel in debt-collection proceedings linked to Group Lease, a Vontobel client. Vontobel contested the claim, and the cited account states that no misconduct by the bank had been established as of 2022.
2018
German untaxed-assets settlement
Vontobel paid approximately EUR 13.3 million to settle an investigation by North Rhine-Westphalia concerning untaxed assets held by German clients. The settlement applied across German states.
2014
Tax-evasion case involving a Vontobel account
Former Bayern Munich president Uli Hoeness was convicted in Germany for tax evasion involving an undeclared account held at Vontobel. The conviction concerned the client’s tax conduct rather than an established finding that Vontobel committed the offense.
2009
Private Equity Holding capital-increase trial
Former executives Jörg Fischer and Hans-Peter Bachmann were tried over a 2000 capital increase involving Private Equity Holding. In January 2010, the Zurich District Court acquitted both men and rejected the associated asset-recovery application against Vontobel.
2001
Cancellation of the y-o-u internet bank
Vontobel cancelled its planned y-o-u internet-bank project after expenditure reported first at more than CHF 150 million and later at more than CHF 250 million. Three senior executives were dismissed in connection with the affair.