UBP

Union Bancaire Privée (UBP) was founded in 1969 by Edgar de Picciotto and is headquartered in Geneva. As a pure-play private bank specializing in one area of expertise, UBP manages clients' wealth for the long term, offering comprehensive wealth management, private banking, and asset management services to both private and institutional clients globally.

The bank operates at significant scale: UBP employs 2,140 people in over twenty locations worldwide, managing CHF 184.5 billion in client assets as of December 2025. UBP ranks among Switzerland's wealth management leaders and is one of the world's largest non-listed, family-owned private banks, remaining in the hands of the de Picciotto family.

The bank has expanded through strategic acquisitions including Millennium Banque Privée (2021) and Danske Bank International (2022), strengthening its presence across Europe and Asia. UBP is one of the most strongly capitalised banks with a Moody's Aa2 long-term deposit rating.