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Cassarate (river)

Rivers of SwitzerlandRivers of TicinoSwitzerland river stubsTicino geography stubsTributaries of Lake Lugano
Fiume Cassarate1
Fiume Cassarate1

The Cassarate is a river of the Swiss canton of Ticino. It rises in the upper part of the Val Colla, on the slopes of Monte Gazzirola and the San Lucio Pass. It flows into Lake Lugano at Lugano. On its way downstream, the river flows through the Val Colla valley before reaching the city centre of Lugano.Historically, the lower reaches of the Cassarate river formed the boundary between the communities of Lugano (to the west) and Cassarate (to the east), but both communities now form part of the city.

Excerpt from the Wikipedia article Cassarate (river) (License: CC BY-SA 3.0, Authors, Images).

Cassarate (river)
Via Foce,

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Geographical coordinates (GPS)

Latitude Longitude
N 46.0021 ° E 8.9616 °
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Address

Via Foce
6900 , Cassarate (Circolo di Lugano est)
Ticino, Switzerland
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Fiume Cassarate1
Fiume Cassarate1
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BSI Ltd
BSI Ltd

BSI had been the oldest bank in the Swiss canton of Ticino until its integration into EFG Bank and the following renaming into EFG, which took place in 2017. Founded in 1873 in Lugano as the Banca della Svizzera Italiana, BSI was an institution that specialises in asset management and related services for private and institutional clients. In 1998, the bank became part of the Italian Generali group, one of the world's biggest insurance companies. In July 2014, Generali sold BSI to BTG Pactual for US$1.7 billion, a deal that CEO of the bank, André Esteves stated would make BTG Pactual a “global player in the asset management arena.”In February 2016 EFG International (SIX:EFGN), the global private banking group based in Zurich, announced the acquisition of the Lugano-based private bank, according to an agreement signed on 21 February 2016 with BSI's sole shareholder BTG Pactual. The transaction was finalized on November 1, 2016. Following the closing, BSI's activities have been integrated into EFG, market by market, in Singapore, Hong Kong, Bahamas, Switzerland and Luxembourg. The integration of Monaco's activities is expected to take place by the end of the second quarter 2017. With the integration of the Swiss business, which took place at April 2017, the rollout of the renewed EFG brand has started in all locations where the legal integration of BSI has been completed and those businesses will operate solely under the EFG name.

Lugano
Lugano

Lugano (, UK also , Italian: [luˈɡaːno]; Ticinese: Lugan [lyˈɡãː]) is a city and municipality in Switzerland, part of the Lugano District in the canton of Ticino. It is the largest city of both Ticino and the Italian-speaking southern Switzerland. Lugano has a population (as of December 2020) of 62,315, and an urban agglomeration of over 150,000. It is the ninth largest Swiss city. The city lies on Lake Lugano, at its largest width, and, together with the adjacent town of Paradiso, occupies the entire bay of Lugano. The territory of the municipality encompasses a much larger region on both sides of the lake, with numerous isolated villages. The region of Lugano is surrounded by the Lugano Prealps, the latter extending on most of the Sottoceneri region, the southernmost part of Ticino and Switzerland. Both western and eastern parts of the municipality share an international border with Italy. Described as a market town since 984, Lugano was the object of continuous disputes between the sovereigns of Como and Milan until it became part of the Old Swiss Confederation in 1513. In 1803, the political municipality of Lugano was created, following the establishment of the canton. Since 1882, Lugano is an important stop on the international Gotthard Railway. The rail brought a decisive contribution to the development of tourism and more generally of the tertiary sector which are, to this day, predominant in the economy of the city. In 1956, Lugano hosted the first ever Eurovision Song Contest.