Union Bancaire Privée Profile: What is Union Bancaire Privée?

Union Bancaire Privée (UBP) is a family-owned Swiss private bank and wealth management firm headquartered in Geneva.

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This page will explore what is Union Bancaire Privée, what it does, and whether its wealth management and asset management services work for your financial needs.

What is Union Bancaire Privée?

Union Bancaire Privée (UBP), established in 1969, is a Swiss private bank focused exclusively on wealth and asset management.

With an entrepreneurial spirit and conviction-driven investment expertise, UBP aims to preserve and grow its clients’ assets over the long term.

The bank specializes in tailored solutions across traditional and alternative investments, supported by award-winning services such as direct access to financial experts, financial planning, family offices, and credit facilities.

Who owns Union Bancaire Privée?

Owned and controlled by the de Picciotto family since its inception, UBP remains committed to its founder’s legacy while fostering the growth of the next generation.

Union Bancaire Privée, established in 1969, is a Swiss private bank focused exclusively on wealth and asset management.

This family ownership ensures stability, swift decision-making, and an alignment of interests between shareholders and clients, reflecting UBP’s long-term commitment and reputation-driven approach to banking.

Is Union Bancaire Privée a good bank?

As a globally recognized non-listed, family-owned private bank, UBP is highly capitalized and agile, combining robust institutional capabilities with personalized client relationships.

As of June 2024, the bank manages CHF 150.8 billion in assets, with a Tier 1 capital ratio of 27.2% and a liquidity coverage ratio of 267.8%.

Moody’s has assigned UBP a strong Aa2 Long-Term Deposit Rating with a stable outlook, highlighting its solid foundations and low credit risk.

Union Bancaire Privée Executive Management

Guy de Picciotto – Chief Executive Officer (CEO)
Based in Geneva, Guy de Picciotto is the CEO of UBP and Chairman of the Group’s Executive Committee. Joining the bank in 1988, he became CEO in 1998, leading UBP’s significant acquisitions and global expansion over the past 26 years.
Philip Adler – Global Head of Treasury & Trading
Philip Adler, based in Geneva, has served as UBP’s Global Head of Treasury & Trading since 2016. With over 25 years of international banking experience in capital markets, investment, and private banking, he previously held executive roles at Crédit Agricole, UBS, and Commerzbank.
Michael Blake – CEO Asia
Michael Blake, based in Singapore, has been CEO Asia at UBP since 2016, overseeing the bank’s wealth management business in the region. Previously CEO of Coutts International, he has over 20 years of experience leading cross-cultural teams.
Ian Cramb – Group Chief Operating Officer (COO) & Group Head of Risk (ad interim)
Ian Cramb joined UBP in 2009 as Group COO and is also the interim Group Head of Risk. He has held senior roles at Citigroup, including EMEA Consumer COO, Risk Manager, and Chief of Staff.
Nicolas Faller – Co-CEO Asset Management
Nicolas Faller, based in Zurich, joined UBP in 2010 and became Co-CEO of the Asset Management division in 2015. With over 30 years of experience in banking, he previously held leadership positions at BNP Paribas Investment Partners and Fortis Investments.
Michaël Lok – Group CIO and Co-CEO Asset Management
Michaël Lok, based in Geneva, is Group CIO and Co-CEO Asset Management at UBP. With over 25 years of experience in wealth and asset management, he has held roles at Indosuez Wealth Management, HSBC France, and Banque Martin Maurel.
Nadège Lesueur-Pène – Head of Wealth Management Developing Markets, Geneva & Monaco
Based in Geneva, Nadège Lesueur-Pène oversees UBP’s Developing Markets region, including Eastern Europe, Latin America, and the Middle East. She joined UBP in 2015 and has extensive experience at BNP Paribas and HSBC.

Union Bancaire Privée Office Locations

Switzerland

Geneva
96–98 rue du Rhône, P.O. Box 1320, CH-1211 Geneva, Switzerland
Tel: +41 58 819 21 11
Zurich
Bahnhofstrasse 1, CH-8027 Zurich, Switzerland
Tel: +41 58 819 62 00

Europe

Luxembourg
Union Bancaire Privée (Europe) S.A.
8, Rue Henri M. Schnadt, L-2530 Luxembourg
Tel: +352 228 0071
London
Union Bancaire Privée, UBP SA, London Branch
Seymour Mews House, 26–37 Seymour Mews, London W1H 6BN
Tel: +44 20 73 69 13 50 | Fax: +44 20 73 69 04 60

Middle East

Dubai
Union Bancaire Privée (Middle East) Limited
Dubai International Financial Center
Gate Precinct 5, Level 5, Office 505, P.O. Box 33778, UAE-Dubai
Tel: +971 4 818 4800 | Fax: +971 4 362 9490

Asia

Singapore
Union Bancaire Privée, UBP SA
Level 38, One Raffles Quay, North Tower, Singapore 048583
Tel: +65 6730 8088
Hong Kong
Union Bancaire Privée, UBP SA
Level 26, AIA Central, 1 Connaught Road Central, Hong Kong
Tel: +852 3701 9688 | Fax: +852 3701 9668

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