AGP Executive Report
Last update: 7 hours agoLiechtenstein Finance: LGT has broken the 400 billion franc mark, lifting first-half 2026 group profit 17% to 281.6m francs and adding 12.3bn francs in organic net new assets, while LLB Group: reported 105.0m francs net profit (+15.3%) and 2.23bn francs net new money in the first half. Royal & Governance: Liechtenstein ended male primogeniture after 400 years, switching to absolute primogeniture, and Pope Leo XIV named Princess Gisela Bergmann of Liechtenstein to the Vatican’s Council for the Economy, adding private-wealth expertise to Holy See finance oversight. Cyber & Data: Liechtenstein said it will not pay ransom after a major breach of its foundations and trusts registry, as officials still assess next steps. US Drone Trade: The US set Section 232 tariffs on imported drones and components starting Sept. 3, with duties up to 100% for larger and thermal-imaging systems; qualifying imports from Liechtenstein and the EU face a lower 15% rate, raising costs and supply-chain pressure for drone makers and users.
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