Newsroom

As part of its strategy to strengthen its service offerings to independent wealth managers, Union Bancaire Privée, UBP SA (UBP) has decided to join the Wecan Group network as well as the Blockchain Association for Finance.

Summer is in full swing, and with it comes first-half results season for Swiss banks. These announcements can sometimes seem like an alphabet soup, with terms like CET1, LCR and NSFR representing financial ratios that are meant to help assess a bank’s solvency.

Union Bancaire Privée, UBP SA (UBP) and Societe Generale announced today that they have entered into two exclusive agreements whereby UBP will acquire Societe Generale’s Swiss private banking activities (Societe Generale Private Banking Suisse) as well as their UK and Channel Islands wealth management arm (SG Kleinwort Hambros). Both transactions are expected to be completed by the end of the first quarter of 2025. 

Union Bancaire Privée’s net profit rises by 24.6% to CHF 138.1 million

The CEO of wealth management bank Union Bancaire Privée is focused on growth through acquisitions.

The importance of performance, the difficulty in putting forward green investments, who will lead UBP tomorrow: these are some of the many topics covered here by the Geneva bank’s CEO, Guy de Picciotto.

The Swiss private bank is looking to expand its Middle East business by targeting new markets in the region.

The importance of a financial centre or bank cannot be assessed based on assets under management alone. First and foremost, what makes Switzerland the world leader in cross-border private banking is the excellent service and management know-how it offers, rather than the volume of assets it manages.

Union Bancaire Privée reports net profit of CHF 223.8 million, up 6.4% year on year.

The UBP Next Generation Academy – which recently took place again, four years after the previous edition, partly in Paris and partly in Geneva – brought together an eclectic and multicultural group of young people with a lot to share and a keen interest in learning from the course and from each other.

In October, the Cambridge Institute of Sustainability Leadership (CISL) published a landmark report, “Let’s Discuss Nature with Climate: Engagement Guide”, which gives detailed guidance to banks and investment managers about how to bring nature into their engagement with clients and investee companies.