AGP Executive Report
Last update: 8 hours agoLiechtenstein Succession Reform: Liechtenstein has ended male-only primogeniture after 400 years, switching to absolute primogeniture so the firstborn—regardless of sex—can inherit the throne. Private Banking Momentum: LGT pushed past the 400 billion franc mark for assets under management, reporting strong first-half 2026 growth with net new money of 12.3 billion francs and group profit up 17% year on year. Vatican Finance Appointment: Pope Leo XIV named Princess Gisela of Liechtenstein to the Vatican’s Council for the Economy, bringing an engineering and finance background to oversight of the Holy See’s budget and financial practices. Cyber/Identity for Industry: WISeKey appointed Alexander Hirsch as Group Chief Marketing Officer to coordinate global go-to-market efforts across cybersecurity, digital identity and IoT as it expands internationally. Healthcare Manufacturing Watch: RefluxStop® maker reported Q2 2026 sales up 66% and secured FDA PMA approval, with U.S. launch logistics now underway. Drone Tariffs Ripple (Liechtenstein-linked): U.S. Section 232 drone tariffs take effect Sept. 3, with reduced 15% rates for qualifying imports from Liechtenstein (and other allies) tied to “substantially all” origin rules—raising compliance pressure for the supply chain.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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