Union Bancaire Privée (UBP)

Union Bancaire Privée was founded in 1969 by Edgar de Picciotto. The bank is headquartered in Geneva and is one of the largest private banks in Switzerland serving private and institutional clients. As a pure-play wealth and asset manager, UBP is dedicated solely to providing clients with top-tier investment solutions and premium services.

The bank operates across approximately twenty locations in major economic and financial hubs worldwide, with its workforce embodying multiple nationalities and cultures. As of December 31, 2024, UBP employed 2,140 people and holds CHF 154.4 billion in client assets. As of the end of December 2025, UBP's client assets reached CHF 184.5 billion, representing an increase of CHF 30.1 billion compared with the close of 2024. UBP is a family-owned company driven by clear entrepreneurial vision, innovation and independence, and being one of the best-capitalised banks in Switzerland, it offers high added-value services and an innovative product range to all clients.

Notable Acquisitions and Expansion

In 2025, UBP completed the integrations of Societe Generale Private Banking (Suisse) SA and SG Kleinwort Hambros, which were finalised that year. UBP also officially opened an office in Riyadh in 2025, marking a key milestone in the Bank's long-term regional growth strategy.