The company's purpose is to operate a universal bank. It conducts all types of banking, financing, consulting, trading and service transactions in accordance with the organizational and business regulations and within its organizational and personnel prerequisites. Its activities include in particular: 1. Acceptance of funds in all customary banking forms, including savings deposits; investment and lending of funds, including granting of credits in any form; issuance of guarantees and warranties; 2. Payment transactions; letter of credit business; bill, check and documentary collection; 3. Buying and selling of securities, currencies, precious metals, including futures, options and futures, for its own account and on behalf of third parties; money and financial market transactions of all kinds; trust transactions; 4. Underwriting and placement of shares, bonds and other securities of domestic and foreign issuers; 5. Investment advice, asset management and tax advice; 6. Taking over depot bank and representative functions for investment funds and pension foundations. The focus of its activities is in Switzerland. It can also operate abroad in accordance with the organizational and business regulations. It can acquire, encumber, sell and manage real estate in Switzerland and abroad. It can establish subsidiaries, branches, representative offices and other business premises in Switzerland and abroad and participate in or acquire other companies, in particular other banking, financial and service companies. The company is part of the group controlled by Basler Kantonalbank as the parent company. It can promote the interests of the group parent company or other group companies.