The purpose of the company is to acquire, manage and dispose of participations in other companies, in particular in banks and financial institutions of all kinds. The company is authorized to participate in undertakings in Switzerland and abroad and to conduct all business that may arise within the scope of its activities. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.