Union Bancaire Privée, UBP SA (UBP) was founded in 1969 by Edgar
de Picciotto, whose vision from the outset was to offer investors
a high-quality and innovative wealth and asset management
service. This approach has guided us through the decades and has
led us to focus exclusively on the activities we excel at – global
wealth management for private clients along with custom-made
investment solutions for institutional clients.
In its fifty-year history, not only has the Bank maintained its
independence – being fully owned by the de Picciotto family – it
has also achieved remarkable growth. Today, UBP stands among
the leaders in the field of wealth management in Switzerland and
is among the top four non-listed family-owned private banks in the
world. We continue to expand both in our home market and abroad,
particularly in Asia, consistently stepping up our wealth management
activities and reinforcing our asset management capabilities. In
recent years UBP has acquired the international private banking
divisions of Royal Bank of Scotland (Coutts) and Lloyds, the Swiss
subsidiary of the ABN AMRO group, ACPI Investments in London,
Banque Carnegie Luxembourg, and most recently Millennium Banque
Privée in Switzerland and Danske Bank International in Luxembourg.
The two most recent acquisitions, Societe Generale Private Banking
(Switzerland) Ltd and SG Kleinwort Hambros, are a major step forward
for us, allowing us to bolster our operations in both Switzerland and
the UK.
Meanwhile UBP has been steadily reaffirming its commitment
to sustainable investing, actively seeking out and developing
innovative investment solutions. In 2012 we signed the United
Nations Principles for Responsible Investment (UNPRI) and in 2018
we started working with the Cambridge Institute for Sustainability
Leadership.