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Toggenburger Bank

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Toggenburger Bank is one of the original predecessor banks to the Union Bank of Switzerland and ultimately UBS . Established in 1863, the bank merged with the Bank in Winterthur in 1912 to form the Union Bank of Switzerland .

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37-660: In 1863, the Toggenburger Bank was founded in Lichtensteig, Switzerland ( canton of St. Gallen ), with an initial share capital of 1.5 million CHF. The Toggenburger Bank was a savings and mortgage bank for individual customers with a branch office network in Eastern Switzerland. In 1882, Toggenburger Bank opened a branch in St. Gallen in eastern Switzerland and began to shift its operations there through

74-513: A Tertiary school, and 488 (5.9%) are not in school. The remainder did not answer this question. The villages of Wattwil and Lichtensteig are designated as part of the Inventory of Swiss Heritage Sites . There are several notable buildings in the municipality, including a church, a former abbey, and Burg Iberg . The Neoclassical Reformed church of Wattwil was built in 1845-48 and restored in 1969. The former Capuchin abbey, St. Mary of

111-470: A Swiss heritage site of national significance . The entire village of Lichtensteig is designated as part of the Inventory of Swiss Heritage Sites . As of  2007 , Lichtensteig had an unemployment rate of 2.12%. As of 2005 , there were 17 people employed in the primary economic sector and about 8 businesses involved in this sector. 340 people are employed in the secondary sector and there are 32 businesses in this sector. 309 people are employed in

148-415: A branch ornament on the right (sinister) was in use in the 17th and 18th centuries. A flag dated 1767 shows the letter L in a red field. These elements were combined into the modern municipal coat of arms in 1946, blazoned Per pale gules and sable, overall a letter L or . The script typeface used for the letter is taken from a seal of the 16th century, preserved on a document dated 1722. The municipality

185-653: A bus line to the upper part of the valley. From the 2000 census , 3,319 or 40.2% are Roman Catholic , while 2,879 or 34.8% belonged to the Swiss Reformed Church. Of the rest of the population, there are 2 individuals (or about 0.02% of the population) who belong to the Christian Catholic faith, there are 215 individuals (or about 2.60% of the population) who belong to the Orthodox Church, and there are 245 individuals (or about 2.96% of

222-454: A couple with children. There were 94 (or 5.0%) people who lived in single parent home, while there are 4 persons who were adult children living with one or both parents, 22 who lived household made up of unrelated persons, and 43 who are either institutionalized or live in another type of collective housing. In the 2007 federal election the most popular party was the SVP which received 28.1% of

259-552: A household made up of relatives, 42 who lived household made up of unrelated persons, and 284 who are either institutionalized or live in another type of collective housing. In the 2007 federal election the most popular party was the SVP which received 37.5% of the vote. The next three most popular parties were the CVP (17.5%), the FDP (15.1%) and the SP (13.5%). In Wattwil about 63.1% of

296-399: A weekly livestock market. Connection to the railway dates to 1870. In 1874, the settlements of Blatten, Hof and Loretto, formerly Oberhelfenschwil municipality, were incorporated into Lichtensteig. A municipal coat of arms of Per pale, or and sable was adopted in the 16th century, later changed to Per pale, gules and sable . A town seal with the letter L on the left (dexter) side and

333-408: Is 35.7% of the area used for agricultural purposes, 44.6% is forested, and 18.2% is built up, the remainder (1.4%) being accounted for by bodies of water. The highest point is at 1,146 m ( Köbelisberg ), the lowst at 591 m ( untere Platten ). Lichtensteig has a population (as of 31 December 2020) of 1,879. As of 2007 , about 19.1% of the population was made up of foreign nationals. Of

370-484: Is 176 people or 9.3% of the population are between 60 and 69 years old, 140 people or 7.4% are between 70 and 79, there are 62 people or 3.3% who are between 80 and 89, and there are 9 people or 0.5% who are between 90 and 99. In 2000 there were 371 persons (or 19.6% of the population) who were living alone in a private dwelling. There were 433 (or 22.9%) persons who were part of a couple (married or otherwise committed) without children, and 926 (or 48.9%) who were part of

407-436: Is forested. Of the rest of the land, 8.3% is settled (buildings or roads) and the remainder (1.8%) is non-productive (rivers or lakes). Krinau had an area, as of 2006 , of 7.3 km (2.8 sq mi). Of this area, 57.6% is used for agricultural purposes, while 39.1% is forested. Of the rest of the land, 2.8% is settled (buildings or roads) and the remainder (0.6%) is non-productive (rivers or lakes). It consisted of

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444-661: Is located in the Toggenburg (the upper Thur basin), on the right side of the Thur. It is downstream of Wattwil , and upstream of Dietfurt (Bütschwil municipality) , and on the western site of the Wasserfluh Pass . The ruins of Neu-Toggenburg castle are on a rocky outcropping above the village. Lichtensteig is the smallest municipality in Toggenburg in terms of area, with only 2.8 km (1.1 sq mi). It

481-555: The Abbey of St. Gallen , first attested in a Wappenscheibe dated 1551 (again in 1581, 1629 and 1708). Wattwil has a population (as of 31 December 2020) of 8,837. Krinau had a population (as of 2011) of 260. As of 2007 , about 23.1% of the population was made up of foreign nationals. Of the foreign population, (as of 2000 ), 192 are from Germany , 335 are from Italy , 717 are from ex- Yugoslavia , 29 are from Austria , 388 are from Turkey , and 322 are from another country. Over

518-514: The canton of St. Gallen in Switzerland , located along the Thur river. On 1 January 2013 the municipality of Krinau merged into Wattwil. Since the merger, the new municipality has an area of 51.18 km (19.76 sq mi). Before the merger, Wattwil had an area, as of 2006 , of 44 km (17 sq mi). Of this area, 52.6% is used for agricultural purposes, while 37.3%

555-473: The canton of St. Gallen in Switzerland. Lichtensteig was founded by the counts of Toggenburg in the early 13th century, first mentioned in 1228 as Liehtunsteige . A market is mentioned in 1374, and the right to hold markets is confirmed in 1400. A letter of privileges issued by the lords of Raron 1439 confirms the existence of a council of twelve burghers, and the joint appointment of judges by

592-424: The tertiary sector , with 88 businesses in this sector. As of October 2009 the average unemployment rate was 4.6%. There were 120 businesses in the municipality of which 34 were involved in the secondary sector of the economy while 82 were involved in the third. As of 2000 there were 350 residents who worked in the municipality, while 704 residents worked outside Lichtensteig and 521 people commuted into

629-541: The Angels, was built as a walled monastery. The abbey church was built in 1622. The Choir and Lay brothers nave were rebuilt in 1780, and the entryway was built in 1893. The majority of the abbey was built in 1730-82. Burg Iberg (Castle Iberg) was built in 1240 by Heinrich von Iberg. It was damaged during the Appenzell Wars in 1405 and soon thereafter rebuilt. Some of the housing was demolished in 1835, but

666-705: The Swiss national languages (as of 2000 ), 1,697 speak German , 5 people speak French , 52 people speak Italian , and 1 person speaks Romansh . The age distribution, as of 2000 , in Lichtensteig is; 188 children or 9.9% of the population are between 0 and 9 years old and 247 teenagers or 13.0% are between 10 and 19. Of the adult population, 268 people or 14.2% of the population are between 20 and 29 years old. 328 people or 17.3% are between 30 and 39, 261 people or 13.8% are between 40 and 49, and 214 people or 11.3% are between 50 and 59. The senior population distribution

703-405: The average unemployment rate was 4.0%. There were 544 businesses in the municipality of which 108 were involved in the secondary sector of the economy while 282 were involved in the third. As of 2000 there were 2,520 residents who worked in the municipality, while 1,621 residents worked outside Wattwil and 1,937 people commuted into the municipality for work. Wattwil railway station lies at

740-506: The burghers and the land lords. The mayor ( Schultheiss ) was appointed by the land lord from a list of candidates compiled by the burghers. After the acquisition of the Toggenburg by the Abbey of St. Gallen in 1468, Lichtensteig became the seat of the abbot's reeve . Abbot Ulrich Rösch in 1469 confirmed the existing privileges of Lichtensteig. The council declared support of the Reformation in 1528. Lichtensteig church from this time

777-526: The cities of Winterthur and St. Gallen, Switzerland . In 1917, UBS completed construction of a new headquarters in Zurich on Bahnhofstrasse , considered to be the Wall Street of Switzerland. The new bank used different names in its three core languages: German, French and English. In German, the bank was Schweizerische Bankgesellschaft and was known by the initials SBG. The original English name for

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814-722: The combined bank was the Swiss Banking Association, but it was later changed to Union Bank of Switzerland in 1921 to mirror the French form of the name: Union de Banques Suisses. The bank's logo, introduced in 1966, would later reflect both the German SBG and the English and French name UBS. Lichtensteig, Switzerland Lichtensteig is a municipality in the Wahlkreis (constituency) of Toggenburg in

851-595: The end of the 19th century. The Union Bank of Switzerland was formed in 1912 when the Bank in Winterthur merged with the Toggenburger Bank. The combined bank had total assets of 202 million CHF and a total shareholders' equity of 46 million CHF. This combination was part of a larger trend toward concentration in the banking sector in Switzerland at the time. Through the next few years, the bank would begin to shift its operations to Zurich from its historical headquarters in

888-409: The foreign population, (as of 2000 ), 31 are from Germany, 82 are from Italy, 113 are from ex- Yugoslavia , 13 are from Austria, 43 are from Turkey, and 91 are from another country. Over the last 10 years the population has decreased at a rate of -5.4%. Most of the population (as of 2000 ) speaks German (89.6%), with Italian being second most common ( 2.7%) and Serbo-Croatian being third ( 2.0%). Of

925-403: The highest education level completed by 433 people (22.9% of the population) was Primary , while 739 (39.0%) have completed their secondary education, 207 (10.9%) have attended a Tertiary school, and 83 (4.4%) are not in school. The remainder did not answer this question. The historical population is given in the following table: The Old Town Council building at Hintergasse 22 is listed as

962-1035: The intersection between the Bodensee–Toggenburg railway line, which links it with the Lake Constance area and the upper Toggenburg valley, and the Uznach–Wattwil railway , which connects it with the Linth Plain via the Ricken Tunnel . The station is the major hub for train and bus services in the Toggenburg. The station is served by regional trains of St. Gallen S-Bahn and the InterRegio Voralpen-Express . The latter provides long-distance services to St. Gallen and to Arth-Goldau and Luzern , bypassing Zurich. The BLWE provides bus services between Lichtensteig and Ebnat-Kappel via Wattwil. PostBus Switzerland operates

999-501: The last 10 years the population has decreased at a rate of -2.6%. Most of the population (as of 2000 ) speaks German (86.9%), with Italian being second most common (2.9%) and Serbo-Croatian being third (2.6%). Of the Swiss national languages (as of 2000 ), 7,182 speak German , 28 people speak French , 238 people speak Italian , and 3 people speak Romansh . The age distribution, as of 2000 , in Wattwil is; 1,056 children or 12.8% of

1036-552: The municipality for work. From the 2000 census , 984 or 52.0% are Roman Catholic , while 555 or 29.3% belonged to the Swiss Reformed Church . Of the rest of the population, there is 1 individual who belongs to the Christian Catholic faith, there are 46 individuals (or about 2.43% of the population) who belong to the Orthodox Church, and there are 21 individuals (or about 1.11% of the population) who belong to another Christian church. There are 95 (or about 5.02% of

1073-411: The population (between age 25-64) have completed either non-mandatory upper secondary education or additional higher education (either university or a Fachhochschule ). Out of the total population in Wattwil, as of 2000 , the highest education level completed by 1,999 people (24.2% of the population) was Primary , while 2,765 (33.5%) have completed their secondary education, 745 (9.0%) have attended

1110-651: The population are between 0 and 9 years old and 1,155 teenagers or 14.0% are between 10 and 19. Of the adult population, 1,001 people or 12.1% of the population are between 20 and 29 years old. 1,209 people or 14.6% are between 30 and 39, 1,087 people or 13.2% are between 40 and 49, and 1,015 people or 12.3% are between 50 and 59. The senior population distribution is 766 people or 9.3% of the population are between 60 and 69 years old, 594 people or 7.2% are between 70 and 79, there are 322 people or 3.9% who are between 80 and 89, and there are 60 people or 0.7% who are between 90 and 99. In 2000 there were 1,049 persons (or 12.7% of

1147-432: The population) who are Islamic . There are 32 individuals (or about 1.69% of the population) who belong to another church (not listed on the census), 109 (or about 5.76% of the population) belong to no church, are agnostic or atheist , and 50 individuals (or about 2.64% of the population) did not answer the question. Wattwil Wattwil is a municipality in the Wahlkreis (constituency) of Toggenburg in

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1184-442: The population) who belong to another Christian church. There are 4 individuals (or about 0.05% of the population) who are Jewish , and 807 (or about 9.76% of the population) who are Islamic . There are 104 individuals (or about 1.26% of the population) who belong to another church (not listed on the census), 444 (or about 5.37% of the population) belong to no church, are agnostic or atheist , and 246 individuals (or about 2.98% of

1221-410: The population) who were living alone in a private dwelling. There were 1,760 (or 21.3%) persons who were part of a couple (married or otherwise committed) without children, and 4,632 (or 56.0%) who were part of a couple with children. There were 425 (or 5.1%) people who lived in single parent home, while there are 52 persons who were adult children living with one or both parents, 21 persons who lived in

1258-442: The roof and battlements are new. As of  2007 , Wattwil had an unemployment rate of 1.75%. As of 2005 , there were 383 people employed in the primary economic sector and about 164 businesses involved in this sector. 1,608 people are employed in the secondary sector and there are 108 businesses in this sector. 2,421 people are employed in the tertiary sector , with 300 businesses in this sector. As of October 2009

1295-471: The village of Krinau and the hamlets of Altschwil, Au, Dreischlatt, Gurtberg, Schuflenberg, Krinäuli, Niederberg, Kapf and Gruben. The municipal coat of arms is blazoned Or, two Unicorns' Heads couped addorsed Azure. It was introduced in 1924 (the design of the unicorns used based on a drawing by Fritz Brunner), and ratified 13 October 1925. The design is based on the coat of arms of the Iberg bailiwick of

1332-440: The vote. The next three most popular parties were the CVP (22.4%), the FDP (19.5%) and the SP (14.6%). The entire Swiss population is generally well educated. In Lichtensteig about 69.2% of the population (between age 25 and 64) have completed either non-mandatory upper secondary education or additional higher education (either university or a Fachhochschule ). Out of the total population in Lichtensteig, as of 2000 ,

1369-438: Was used both by Reformed and Catholics, while schools were separated by confession (until 1868). A neo-Gothic church was built in 1868, still used by both confessions, until the construction of two new churches in 1967 and 1970. Lichtensteig's importance as market town increased in the 19th century with the development of the textile home working industry in the Toggenburg. In the early 20th century, there were six yearly markets and

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