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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.

#UBPLuxembourg

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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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. 

UBP Luxembourg Award


The team

Patrick Casters, Head of UBP Luxembourg, has been with the Group for more than five years. He has over thirty years’ experience in the private banking sector both in Luxembourg and abroad, having previously worked with several prestigious banks where he has held high-level positions throughout his career. He is supported by a team of qualified, dedicated and solution-oriented professionals including relationship managers, wealth planners, and investment specialists as well as compliance and support staff.

Patrick Casters Patrick Casters
Head of Luxembourg Subsidiary
VIEW HIS LINKEDIN PROFILE

Contact us

Union Bancaire Privée (Europe) S.A.
287-289, route d'Arlon
L-1150 Luxembourg
PO box 79
2010 Luxembourg, Luxembourg
Tel: +352 228 0071

Contact Us

Latest news

UBP in the press

Swiss bank UBP’s Nordic acquisitions boost European hub in Luxembourg

Delano (27.09) - Following the acquisitions of the teams and books of Banque Carnegie Luxembourg and Danske Bank International, UBP has strengthened its position in

PRESS RELEASES

UBP to acquire DBI’s Wealth Management Business

Union Bancaire Privée, UBP SA (UBP) and Danske Bank A/S announced today that they have entered into an agreement whereby Union Bancaire Privée (Europe) S.A. will acquire Danske Bank’s wealth management business in Luxembourg, operating through Danske Bank International S.A. (DBI).

PRESS RELEASES

UBP to acquire Banque Carnegie Luxembourg

Union Bancaire Privée, UBP SA (UBP) and Carnegie Investment Bank AB (publ) have announced today that they have entered into an agreement whereby Union Bancaire Privée (Europe) S.A. will acquire Banque Carnegie Luxembourg S.A. (BCL).




Fraudulent Website Notification

Union Bancaire Privée, UBP SA ("UBP" or “the Bank”) would like to alert all clients and the public to fraudulent websites detected by UBP listed below. UBP would like to advise that these websites have no affiliation or connection whatsoever with the Bank.

Date of detection Fraudulent Website Address
April 10, 2024 Ub600[.]com
March 20, 2024 ubp-asset[.]org
March 12, 2024 ubpbk[.]online/en
March 6, 2024 ubp-asset[.]com
February 18, 2024 ubpholdings[.]com
December 28, 2023 ubprivee[.]com
November 7, 2023 unionbancarteprive[.]world
September 25, 2023 ubponline-hk[.]com
September 22, 2023 unionbancair88[.]com
September 21, 2023 unionbancairff[.]com
September 21, 2023 unionbancairfff[.]com
unionbancairfff1[.]com  
September 15, 2023 unionbancairepqqq[.]com
unionbancairepfff[.]com
unionbpriveeeee[.]com
September 14, 2023 ubponlines[.]com/ub/home
September 7, 2023 superaldi-vip[.]org
September 7, 2023 ubpam[.]vip
March 16, 2023 citiheritagebank[.]com
March 16, 2023 ubponline[.]com/eπ/user_access[.]php
March 14, 2023 unionbanscaireprivee[.]wordpress[.]com
March 06, 2023 20min-fx[.]com/?_=%2Fen%23PyGkTmb3gaxOcC1ltbBGw7IzkQ%3D%3D
September 20, 2022 wnitebit[.]com
September 12, 2022 www[.]ubp[.]lt
August 12, 2022 ubponline[.]com/en/en[.]html
July 25, 2022 ubpassetmanagers[.]com
June 20, 2022 ebanking[.]ubp[.]re
June 20, 2022 ubpassetmanagement[.]com
June 7, 2022 www[.]ubp-online[.]com/
June 2, 2022 @ubp-am.net
June 2, 2022 prénom-nom@ubp-am.net
May 31, 2022 ubpassetmangement[.]com
May 19, 2022 prénom.nom[@]ubp-france.net
February 10, 2022 ubp-france[.]net
February 2, 2022 client-am-ubp[.]com/users/sign_in
February 1, 2022 am-ubp[.]com
November 17, 2021 Ubp-france[.]com
November 5, 2021 Ubp[.]re
October 26, 2021 ibank[.]unibponline[.]com
October 25, 2021 Ubp-investments[.]com
October 25, 2021 unionbancaireonline[.]com
August 20, 2021 www.ubp-wm[.]com
June 23, 2021 ubp-clientportal[.]com/login
May 17, 2021 ubponline[.]com
April 7, 2021 kaspib[.]com
February 23, 2021 https://www.ubp-hk[.]com
February 5, 2021 http://www.ubpsingapore[.]com and http://www.ubphk[.]com
October 12, 2020 https://ubpinvestment.org/ch/
September 7, 2020 www.union-bgi.com
July 28, 2020 ub-gi.com
July 24, 2020 ubpinvest.org
June 8, 2020 westoncapitalbank.com
June 4, 2020 http://ubpinvest.com
June 3, 2020 ubpdirect.com
May 26, 2020 www.e-ubp.com


UBP has taken action deemed necessary and appropriate to protect the interests of its customers, the general public and the Bank. Any clients who have provided personal information or have conducted any financial transactions through these websites, are kindly requested to immediately report to the local Police and to contact their UBP relationship manager or Union Bancaire Privée, UBP SA at +41 58 819 21 11.

*AMF

Private Clients

Pure-play private banking

UBP is a pure-play private bank: managing client assets is our core business, meaning we have a specialised, client-centred approach.

Read more - Discover UBP

UBP in brief

Union Bancaire Privée (UBP) was founded in 1969 by Edgar de Picciotto, whose vision from the outset was to offer investors an astute and innovative wealth management service.