As part of its strategy to expand into the European Union (EU), Union Bancaire Privée (UBP) is making its Luxembourg office the Group’s European hub.
With its tight banking supervision and great economic and political stability, Luxembourg offers strict respect for privacy and attractive tax rates and conditions. This makes it a leader in financial activities, being the biggest private banking centre in the Eurozone and the second-largest in the world for investment funds. Furthermore, the credit rating for Luxembourg stands at AAA, the highest level among the three major credit agencies (S&P, Moody’s and Fitch).
UBP has been active in Luxembourg since 2002 and now operates there through its subsidiary Union Bancaire Privée (Europe) S.A. The subsidiary holds a full licence to conduct banking activities in the EU, giving it freedom to provide services in every Member State. This allows our experts to serve their clients both at home, in any EU country, and from the headquarters in Luxembourg.
UBP Luxembourg is subject to the oversight of Luxembourg’s financial regulator, the CSSF (Commission de Surveillance du Secteur Financier) and fulfils the requirements set out in the Markets in Financial Instruments Directive.
Today, Union Bancaire Privée (Europe) S.A. has more than 30 members of staff and specialises in wealth management.
Our experts offer a first-class, tailor-made service to High Net Worth Individuals (HNWI) as well as financial advisers, with the purpose of growing, protecting, and optimising the different components of their capital.
Union Bancaire Privée (Europe) S.A.
287-289, route d'Arlon
PO box 79
2010 Luxembourg, Luxembourg
Tel: +352 228 0071