The company is a deposit-taking institution operating within the limits set by the Banking Act and the Banking Ordinance. It provides financial services in accordance with Article 6, paragraph 2 of the Banking Ordinance. This includes, in particular, the acceptance of deposits from a predominantly Swiss clientele consisting of banks, institutional investors, associations, foundations and cooperatives as defined in Article 5, paragraph 2 of the Banking Ordinance. It may establish branches and subsidiaries in the country and perform all legal transactions that may be necessary to achieve the purpose of the company.