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Press Releases 07.02.2018

New UBP Monaco Site Manager

New UBP Monaco Site Manager

Union Bancaire Privée (UBP) has announced the appointment of Thierry Garde as Site Manager of its Monaco branch as of 1 February 2018.


Before joining UBP, Thierry Garde had been CEO of Société Générale Private Banking in Monaco since 2013. He has over thirty years of experience with the Société Générale group, where he held several positions in France and around the world, including in Moscow, Warsaw, New York, London and Brussels, in both investment and private banking. Thierry Garde is also Vice-President of the Monaco Association for Financial Activities (AMAF), in charge of the Social Affairs Commission, a role that he will retain alongside his work as Site Manager of UBP Monaco.

Our Monaco branch, which employs 46 staff to date, has become a major player in the principality’s financial sector, having strengthened its position with the acquisition of the Coutts International business in 2015

UBP’s Private Banking CEO, Michel Longhini, has stated: “With its vibrant economy and political stability, Monaco is a priority market for our Bank. We plan to further develop our business in this highly competitive financial centre, and the hiring of Thierry Garde – who has solid experience in the banking industry and in-depth knowledge of the local market – reflects our wish to strengthen our presence in Monaco.”

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Further reading

Press Releases 17.01.2019

Annual results 2018

Union Bancaire Privée announces a net profit of CHF 202.4 million, and net asset inflows of more than 5%

Press Releases 17.10.2018

UBP launches a Positive Impact Equity strategy

Union Bancaire Privée has announced a new addition to its equity product range with the launch of a Positive Impact Equity strategy. This reflects the Bank’s commitment to responsible investment and addresses the growing client demand for investment solutions that combine ethical aspects with performance.

Press Releases 19.07.2018

UBP announces a net profit of CHF 115 million

Net profit at the end of June 2018 rose to CHF 115.3 million, up 5.3% from CHF 109.5 million from the same period in 2017. The operating result of CHF 147.4 million, compared with CHF 133.9 million a year earlier, represents an increase of 10.1% (+ CHF 13.5 million). Assets under management reached CHF 128.4 billion thanks to net inflows of CHF 2.7 billion.