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Union Bancaire Privée’s client assets increase by 19.5% to CHF 184.5 billion

Geneva-based bank Union Bancaire Privee has launched its first office in Riyadh, a significant step in its long-term expansion and highlighting the rising evolution of wealth management needs in Saudi Arabia.

In November 2025 UBP was honoured in the category of ‘Best Private Bank in Europe for Alternatives’ at the prestigious PWM & The Banker Global Private Banking Awards 2025, which took place in London.

Union Bancaire Privée, UBP SA (“UBP”), one of the world’s largest family-owned private banks headquartered in Geneva, Switzerland, has officially opened an office in Riyadh, marking a key milestone in the Bank’s long-term regional growth strategy and deepening its commitment to the Saudi market.

Global professional services provider, JTC, and Union Bancaire Privée, UBP SA (“UBP”), a leading Swiss wealth and asset manager, are pleased to announce the completion of the sale of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries ("KHT"), to JTC. The transaction, initially announced on 31 July 2025, was finalised as planned and on schedule.

Every year we take ten graduates into our sought-after Graduate Programme in different locations in the Group across Europe and Asia. In September, UBP was pleased to welcome a new cohort of young talents freshly graduated from university, and to congratulate last year’s intake on the completion of their one-year induction cycle and celebrate their assignment to a fixed role.

Even the slightest regulatory decision or change in the international environment can affect the availability of financing, access to cash, or the perceived solvency of certain counterparties.

Global professional services provider, JTC, and Union Bancaire Privée, UBP SA (“UBP”), a leading Swiss wealth and asset manager, are pleased to announce they have reached an agreement on JTC’s proposed acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries (together "KHT"), which are wholly owned subsidiaries of UBP.

Union Bancaire Privée’s client assets rose by more than 11% to CHF 171.7 billion

The banking sector has undergone major shifts in the past few years. The takeover of Credit Suisse by UBS, considerable redundancies at major financial institutions and ongoing cost-cutting have made the job market increasingly competitive.

Union Bancaire Privée, UBP SA (UBP) announces the successful completion of its acquisition of SG Kleinwort Hambros from Societe Generale, marking a significant milestone in the Bank’s international growth strategy.