28.09.2026
UBP Weekly View - Yields hit multi-decade highs, but equities hold firm
Long-term yields surged to multi-decade highs as robust US data and firm energy prices reinforced expectations of another US Federal Reserve (Fed) rate hike.
The drive you demand.
We are focused on one activity we excel at – wealth and asset management for private and institutional clients.
At a glance
Union Bancaire Privée (UBP) is a pure-play Swiss private bank focused on wealth and asset management. As a family-owned bank our single focus is to deliver the drive you demand in managing, developing, and protecting capital. Serving private and institutional clients since 1969, UBP combines conviction-led investment expertise with disciplined risk management to create tailored solutions.
Latest news & insights
UBP Headlines
01.10.2026
Navigating the new Real Estate cycle
Since 2022 and the end of the ultra-low interest rate environment in Europe, the real estate sector has undergone a significant repricing. Yields have risen sharply, while transaction volumes and asset values have declined.
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25.09.2026
Impact investing in listed equities, a strategic allocation for long-term pension capital
Impact investing in listed equities enables pension funds to align long-term returns with structural global transitions, combining scale, liquidity and active ownership with measurable real-world outcomes.
23.09.2026
Apprenticeships: Growing and training young talents
Switzerland’s apprenticeship model delivers benefits on both sides of the desk. For young people, it offers a high-quality start to a career with real responsibility and recognised qualifications. For the Bank, it creates a reliable pipeline of skilled colleagues.
22.09.2026
How AI conquered the bond markets
In 2026, the five hyperscalers (Microsoft, Amazon, Alphabet, Meta and Oracle) will spend around USD 820 billion in capex, compared with USD 750 billion in operating cash flows. This means that their investments are exceeding available cash flows and that this funding gap has to be financed through debt.
21.09.2026
UBP Weekly View - Fed raises rates; oil and yields set the tone
The Fed raised its interest rates by 25 basis points (bps) to 3.75–4.00% on a unanimous vote, framing the move as insurance against energy prices bleeding into core inflation, while the Bank of England held its rates at 3.75% despite a more hawkish tilt in its minutes.
16.09.2026
Financing the AI build-out
The AI boom has pushed the world’s five hyperscalers (Microsoft, Amazon, Alphabet, Meta and Oracle) into a new era of financing. In 2026, their capital spending is expected to exceed operating cash flow, with investment projected to reach USD 5.6 trillion by 2030, raising fundamental questions about how this unprecedented expansion will be funded.
15.09.2026
The power of a shared experience: Exclusive ballet event
As promised, lead ballet dancer Steven McRae came back to Lausanne with a star-studded cast of dancers and musicians a year after the first Ballet Sauvage, a unique and breath-taking open-air performance by the lake. UBP was a sponsor and hosted a selection of clients and prospects.
14.09.2026
UBP Weekly View - Central banks move to tighten policies as inflation rises
Oil’s surge past USD 100 a barrel amid the escalating conflict in the Middle East drove a broad sell-off in government bonds and equities last week, as inflation fears pushed yields sharply higher across the US, eurozone and UK.
About Us
Founded in 1969, as a pure-play private bank specialising in one area of expertise, we manage our clients' wealth for the long term. As one of the most strongly capitalised banks, UBP ranks among Switzerland's wealth management leaders and the world's largest non-listed, family-owned private banks.
193.5
Assets under management (in CHF billions)
22.5%
Tier 1 ratio
Aa2
Moody’s long-term deposit rating
Working at UBP
At Union Bancaire Privée (UBP), we are always looking to recruit talented, motivated candidates to support the continued growth of the wealth and asset management arms of our business. We offer career opportunities across a range of functions and locations, enabling senior and aspiring professionals to develop their skills in a dynamic and international culture.
UBP's footprint in the UK
With a strong presence in the UK, Union Bancaire Privée (UBP) is one of the largest family-owned, pure-play private banks. We operate offices in London, Jersey, Guernsey and Gibraltar, as well as other key locations in the UK.
As UBP's largest hub outside Switzerland, the UK plays a central role in the Group's strategy. It supports our commitment to delivering flexible, long-term wealth and asset management solutions to private and institutional clients, both in the UK and Internationally.
UBP Geneva
Geneva is the seat from which Union Bancaire Privée (UBP) has been developing since 1969, to become one of the biggest family-owned private banks in the world. UBP’s headquarters, right in the centre of Geneva, are the largest of UBP’s sites worldwide. The head office is also one of the eleven booking centres the Group has spread across the world’s financial and economic hubs. Our experienced wealth management professionals working out of Geneva provide both private and institutional clients with high-quality, specialised services.
UBP (UK) - London
UBP has a strong and growing presence in the UK, Channel Islands and Gibraltar with offices in London and other key locations across the region. As its largest hub outside of Switzerland, the UK is a key strategic location, supporting UBP’s commitment to providing clients with flexible wealth management solutions.
UBP Luxembourg
UBP has been active in Luxembourg since 1971 through its subsidiary Union Bancaire Privée (Europe) S.A. Over the years, Union Bancaire Privée (Europe) S.A. has steadily built up its presence through major acquisitions and solid organic growth to become one of the Top 10 Luxembourg private banks (in total assets). As the Group’s European hub, UBP Luxembourg is fully licensed to carry out its activities in the European Union, which allows our experts to serve our clients in each of the 27 Member States from our headquarters in Luxembourg.
UBP Monaco
Since it was created in 2014 the Monaco branch of Union Bancaire Privée, UBP SA, a Monaco- and French-regulated institution, has steadily built up its offering to become a leader in the Principality. We offer traditional banking products and solutions but stand out among our peers through a range of exclusive services.
UBP Dubai
Union Bancaire Privée (UBP) is a family-owned and truly independent Swiss private bank, which caters to private and institutional clients. Deeply rooted in Switzerland, UBP’s heritage is one of excellence, stability, discretion and professionalism.
Today, UBP manages over CHF 190 billion in assets under management. With a highly specialised professional workforce of 2,667 people, the Bank is present in over 30 locations around the world.
UBP Singapore
UBP: A family-owned bank with a legacy of innovation and strong foothold in Asia
UBP Hong Kong
UBP: A family-owned bank with a legacy of innovation and strong foothold in Asia
UBP Portugal
Union Bancaire Privée (Europe) S.A. – Sucursal em Portugal (“UBP Lisbon”), a branch of the Luxembourg subsidiary of Union Bancaire Privée, UBP SA (“UBP”) in Geneva, is located in the heart of Lisbon. It began commercial operations in January 2024 with the aim of offering its clients a more convenient, local service, and to provide immediate support for each client’s individual needs, along with local investment consultancy services.
UBP Frankfurt
In recent years, UBP has successfully laid solid business foundations in Zurich so that we could work with German institutional clients. In an effort to grow this client base, UBP has opened a branch of UBP Asset Management (Europe) S.A in Frankfurt am Main. Located at the heart of the most important financial hub in continental Europe, our Frankfurt office aims to meet the high standards of product and service quality expected by our clients and prospects in Germany. UBP Asset Management (Europe) S.A. is a UCITS management company and alternative investment fund manager; it is supervised by the Luxembourg regulator, the Commission de Surveillance du Secteur Financier (CSSF).
UBP Milan
The Milan branch of Union Bancaire Privée (Europe) S.A., a Luxembourg-based subsidiary of Union Bancaire Privée, UBP SA in Geneva, is situated in the heart of Milan’s financial district. It was set up in 2012 as an asset management service provider promoting funds.
UBP (UK) Guernsey
UBP has a strong and growing presence in the UK, Channel Islands and Gibraltar with offices in London and other key locations across the region. As its largest hub outside of Switzerland, the UK is a key strategic location, supporting UBP’s commitment to providing clients with flexible wealth management solutions.
UBP Asset Management (France)
Union Bancaire Gestion Institutionnelle (France) S.A.S. (“UBP Asset Management (France)”) is an investment portfolio management company that has been registered with the French Autorité des marchés financiers (Financial Markets Authority) since 2 September 1998 (registration number 98041). It was created as the French subsidiary of UBP Asset Management (Europe) S.A. and is also affiliated to the French Asset Management Association (AFG).
UBP Zurich
The Zurich branch of Union Bancaire Privée, UBP SA (UBP) is the second-largest office of the Group’s global network with CHF 22 billion in assets under management. At its prime Bahnhofstrasse 1 location, UBP Zurich employs over 230 staff (as at 31.12.2022) providing private banking and asset management services for private and institutional clients. UBP Zurich works closely with the Group’s fourteen investment offices across the globe.
UBP Shanghai
UBP Investment Management (Shanghai) Limited was set up on 31 December 2014 as a joint venture between a group of experienced investment professionals and Union Bancaire Privée, UBP SA (“UBP”). With registered capital of RMB 30 million (USD 4.9 million), it is a company incorporated with limited liability in China, and was registered as a private investment fund manager with the Asset Management Association of China (AMAC) on 11 March 2015.
