Ringier Axel Springer Switzerland acquires Cash.ch

Ringier Axel Springer Switzerland acquires all shares of Cash Zweiplus AG. Until now, Cash Zweiplus was a joint venture between Ringier and Bank Zweiplus. Ralph Büchi, CEO Ringier Axel Springer Switzerland and Head of Publishing at Ringier, is very pleased with the takeover: "With Cash.ch, we have gained a strong brand that will strengthen our business titles. Handelszeitung and Balance optimally complemented in the digital area". Together with the publisher's other business titles, Cash.ch forms the digital business network. As such, this is already being marketed by Admeira together with the Finanzen.ch financial platform.

Both the banking services under the brand "Cash - banking by Bank Zweiplus" and the economic and financial information remain guaranteed for customers and will be further expanded in the future. Bank clients will be served by their existing Bank Zweiplus advisors and will have unchanged access to real-time quotes and trading opportunities at a flat rate on Cash.ch. Bank Zweiplus also benefits from the greater customer reach offered by the aggregated digital business network. "We continue to offer bank customers the unique link between information and digital banking," says Markus Aisslinger, CEO of Bank Zweiplus.

Cash.ch team moves to Altstetten

Cash.ch will be integrated into the business media of Ringier Axel Springer Switzerland under the management of Nina Ranke. Urban Scherrer, long-time CEO of Cash Zweiplus, is leaving the company at his own request with the takeover and will accompany the transition phase in an advisory capacity. His deputy Marcel Gamper will continue to look after banking customers at Bank Zweiplus with his team. Cash.ch will be managed editorially by the same team as before. The ten-strong Cash.ch team will move to the offices of Ringier Axel Springer Switzerland in the Media Park in Zurich-Altstetten.