Patrick Casters
CEO UBP Luxembourg
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.
As part of its strategy to expand into the EU, UBP has confirmed its Luxembourg office as its European hub. The Group has made key acquisitions in recent years to expand its footprint there and strengthened its expertise notably to serve Nordic clients. Union Bancaire Privée (Europe) S.A. took over Banque Carnegie Luxembourg S.A. (BCL) in 2019, and Danske Bank International S.A. (DBI) in early 2022, and today is a major player in wealth management in Luxembourg, with over 120 staff.
A safe financial environment in the heart of the EU
Luxembourg’s multi-jurisdictional expertise, political stability and pioneering position in sustainable finance contribute to making it a leading financial centre in the heart of the EU. Thanks to its very low public debt, resilient economy, and strong culture of investor protection, Luxembourg’s competitive edge has been recognised by the global financial community with triple-A credit ratings and is the second-largest financial centre in the world for investment funds.
As a banking entity subject to the supervision of Luxembourg’s financial regulator and as a wholly owned subsidiary of its Geneva-based parent company, Union Bancaire Privée, UBP SA, UBP Luxembourg combines the best of both worlds: access to the EU market from the safe financial ecosystem of Luxembourg, and the robustness and careful risk management of a Swiss banking group.
Business activities
UBP Luxembourg or Union Bancaire Privée (Europe) S.A. offers best-in-class, tailored services for HNWIs to grow, protect and optimise the different components of their capital.
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Access to private markets
Qualified Investors can participate in our direct investment opportunities focused on niche sectors such as new technologies, commodities, renewable energy, property development and commercial aviation.
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Fully tailored portfolios
We offer investors the possibility of opting out of the “investment grid and benchmark” approach traditionally applied in discretionary portfolio management. We are able to actively manage their funds whilst taking into account their specific constraints and objectives.
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Alternative asset financing in a number of jurisdictions
UBP Luxembourg provides financing solutions for clients’ residential and commercial real estate projects. We also provide financing against a number of instruments, including hedge funds.
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A firm commitment to responsible investing
As a signatory to the United Nations Principles for Responsible Investment (UNPRI) since 2012, we are committed to sustainable wealth management for our clients. At UBP, we firmly believe that long-term risk-adjusted returns can be enhanced through ESG integration, active ownership and a focus on the impact our investments make. We have developed a wide range of responsible investment solutions with real potential for financial returns.
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Truly independent family office advice
We advise and assist clients looking to set up their own family office, join a multi-family office, or maintain their network of external advisers.
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An international network of experts
Our team in Luxembourg is composed of multilingual and multicultural talents, which is also a key factor in the quality and responsiveness of the service we offer.
In addition, UBP's integrated business model ensures an efficient and agile dissemination of knowledge and expertise throughout the Group. All of our Bank's divisions serve each other, allowing UBP Luxembourg clients to access our international pool of expertise to obtain exclusive investment solutions designed for their specific needs.
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A trusted partner for Nordic clients
With over 50 experienced professionals dedicated to the Danish, Norwegian, Swedish, and Finnish markets, UBP Luxembourg has become one of the major players for Nordic clients based outside Scandinavia. Our significant investments in this area were rewarded with the “Best Wealth Management Business – Nordic Region” at the 2021 WealthBriefing European Awards.
The management team
Contact us
Union Bancaire Privée (Europe) S.A.
8, Rue Henri M. Schnadt
L-2530 Luxembourg
Tel: +352 228 0071
General information on MiFID II |
Characteristics and risks of certain financial operations |
Order-execution policy |
Information on the quality of execution obtained by UBP Europe S.A. (RTS 28) |
Top 5 execution venues and top 5 brokers report of UBP Europe S.A. (RTS 28) |
Policy on conflicts of interest |
Exemption from the obligation to provide collateral for forward currency transactions |
More information
Investment philosophy
Discover UBP's Asset Management capabilities, provided by a dedicated team of experts committed to your long-term investment goals.
A partner of choice
Over 200 external asset managers worldwide have selected Union Bancaire Privée as their banking partner.
