 The ABN AMRO transaction meant that LGT now had more Assets under management in Asia than it did in Europe.LGT Group traces its history back to 1920, when Bank in Liechtenstein (BIL) was founded with the objective to attract capital for the economic development of the Principality of Liechtenstein.In May 1921, BIL launched its operations with 10 employees based in ground-floor offices inside the main government building.