Mirabaud Group
Swiss private banking and asset management group headquartered in Geneva.
Last updated November 4, 2026
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Overview
Mirabaud Group is a Swiss private banking, asset management and brokerage group headquartered in Geneva. Its roots reach back to 1819, making Mirabaud one of Switzerland’s oldest banking institutions. The group has remained privately owned and family-operated, with its business directed by a small partnership rather than by public shareholders. This ownership structure has supported a long-term operating model focused on private clients, entrepreneurs, families, institutional investors and selected professional counterparties. The group’s core activities are organized around three principal areas: wealth management, asset management and brokerage. Wealth management serves private clients through investment advice, portfolio management, banking services and related financial planning. Asset management provides investment capabilities for institutional and professional investors, including pension-related services and investment strategies managed through Mirabaud’s international entities. Brokerage and related capital-markets activities connect clients with securities markets and complement the group’s private-banking franchise. Mirabaud’s historical development has been closely connected with Geneva’s financial system. In 1857, the bank helped establish the Geneva Stock Exchange, reflecting its early role in the development of the city’s capital-markets infrastructure. The group later expanded beyond traditional private banking. In 1973, it was an early participant in the development of Swiss hedge-fund activity. International expansion began with a Montreal office in 1985 and was followed by a strengthened London presence in 1990, an Asian office in Hong Kong in 1997, and a Zurich subsidiary in 1998. During the 2000s and 2010s, Mirabaud broadened its European and Middle Eastern footprint. It expanded asset-management teams in Geneva and London, established a pension-liability-management business through LPP Gestion SA, opened or strengthened operations in Paris, Basel and Dubai, and acquired Venture Finanzas in Spain in 2010. The Spanish expansion produced offices in Madrid, Barcelona, Valencia and Seville. Luxembourg became an important European asset-management and banking base through the creation of Mirabaud Asset Management (Europe) SA in 2011 and Mirabaud & Cie (Europe) SA in 2014. The group also announced additional banking licences in Spain and France in 2015. A major legal and organizational change occurred in 2014, when the group’s activities were integrated into Mirabaud SCA, a Swiss corporate partnership. That change accompanied the first publication of group annual results and provided a more formal structure for the expanding international organization. Mirabaud’s office network has included locations in Switzerland, Europe, North America, Asia and the Middle East, while Geneva remains the center of the group. The brand’s positioning combines Swiss private-banking heritage with international investment management and brokerage capabilities. It presents itself as a relationship-led institution with a long time horizon, rather than as a mass-market retail bank. The group has also associated its identity with sailing and culture. Since 2005, it has been the principal sponsor of the Bol d’Or Mirabaud, an annual sailing regatta on Lake Geneva. In 2019, during its bicentenary year, Mirabaud supported free public access to the Geneva Museum of Modern and Contemporary Art. Mirabaud has nevertheless faced regulatory scrutiny. In September 2024, Switzerland’s financial-market regulator FINMA announced that it had confiscated CHF 12.7 million from Mirabaud in connection with breaches of financial-market and anti-money-laundering obligations. FINMA said its investigation identified inadequate review and documentation of beneficial ownership and the economic background of numerous transactions, particularly where there were indicators of heightened money-laundering risks and qualified tax-avoidance concerns. The regulatory action is a significant recent event in the group’s history and underscores the compliance demands facing internationally active private banks.
History
Mirabaud’s history begins in Geneva in 1819, when Mirabaud et Cie was established as a banking business. Over the following century, the institution became part of the development of Geneva’s financial infrastructure and retained a family-owned operating model. Its historical role extended beyond private banking: in 1857, Mirabaud helped co-found the Geneva Stock Exchange, linking the firm to the emergence of organized securities trading in Switzerland. The bank diversified its investment expertise during the twentieth century. In 1973, it was an early pioneer in the development of Swiss hedge funds. Internationalization began in 1985 with the opening of a bureau in Montreal. The group reinforced its presence in London in 1990, then opened its first Asian office in Hong Kong in 1997. In 1998, it expanded its Swiss presence with a first subsidiary in Zurich. The early 2000s brought a stronger emphasis on organized asset management and institutional services. In 2001, Mirabaud enlarged its asset-management teams in Geneva and London and created LPP Gestion SA to provide liability-management services for pension funds. From 2003 onward, the group continued building a network across Europe, Switzerland and the Middle East. It opened a Paris subsidiary, acquired a majority interest in Basel-based Jenni & Cie in 2004, and opened a banking office in Dubai in 2007. Spain became a major part of the group’s European development. In 2010, Mirabaud acquired Venture Finanzas and subsequently established offices in Madrid, Barcelona, Valencia and Seville. In Luxembourg, Mirabaud Asset Management (Europe) SA was created in 2011 to consolidate asset-management activities. A European banking entity, Mirabaud & Cie (Europe) SA, followed in 2014. The group also announced the acquisition of further banking licences in Spain and France in 2015. The year 2014 marked a structural turning point. Mirabaud’s activities were integrated into Mirabaud SCA, a Swiss corporate partnership, and the group began publishing annual results. The partnership structure formalized the management of an organization that had expanded across multiple jurisdictions while preserving private ownership and partner-led governance. Mirabaud has continued to operate through three broad divisions: wealth management, asset management and brokerage. Its network has included Geneva, Basel and Zurich in Switzerland; London, Luxembourg, Paris, Madrid, Barcelona, Valencia, Seville and Milan in Europe; Montreal in Canada; Hong Kong in Asia; and Dubai in the Middle East. The group’s international model has been designed to serve private clients and institutions while maintaining Geneva as its principal base. The brand has also developed a public profile through sponsorship and cultural support. Since 2005, it has been the main sponsor of the Bol d’Or Mirabaud, a major freshwater sailing regatta held annually on Lake Geneva. To mark its 200th anniversary in 2019, the bank arranged free admission to the Geneva Museum of Modern and Contemporary Art. In September 2024, FINMA announced enforcement action against Mirabaud. The regulator confiscated CHF 12.7 million and reported deficiencies relating to financial-market law and anti-money-laundering requirements. According to FINMA, the investigation found that the bank had inadequately examined and recorded the beneficial ownership and economic background of numerous transactions, including relationships presenting increased risks associated with qualified tax avoidance. The action represents the most prominent publicly reported compliance controversy in the supplied historical record.
- 2024
FINMA enforcement action
[1]FINMA announces the confiscation of CHF 12.7 million over reported financial-market and anti-money-laundering compliance failures.
- 2019
Bicentenary cultural initiative
[1]For its 200th anniversary, Mirabaud supports free public admission to the Geneva Museum of Modern and Contemporary Art.
- 2014
Group reorganized under Mirabaud SCA
[1]Mirabaud’s activities are integrated into Mirabaud SCA, a Swiss corporate partnership, and the group begins publishing annual results.
- 2011
European asset-management entity created
[1]Mirabaud Asset Management (Europe) SA is established in Luxembourg to consolidate European asset-management operations.
- 2010
Venture Finanzas acquired
[1]Mirabaud acquires Venture Finanzas in Spain and develops offices in Madrid, Barcelona, Valencia and Seville.
- 2007
Dubai banking office opens
[1]The group opens a banking office in Dubai, reinforcing its presence in the Middle East.
- 2004
Majority stake acquired in Jenni & Cie
[1]Mirabaud purchases a majority stake in Basel-based Jenni & Cie as part of its Swiss expansion.
- 2001
Asset management and pension services expand
[1]The group expands its Geneva and London asset-management teams and creates LPP Gestion SA for pension-fund liability-management services.
- 1998
Zurich subsidiary opens
[1]Mirabaud strengthens its domestic Swiss platform with its first subsidiary in Zurich.
- 1997
First Asian office opens in Hong Kong
[1]The group establishes its first Asian office, extending its international reach into the Hong Kong market.
Products and positioning
A privately owned Swiss financial group combining Geneva private-banking heritage with international wealth management, asset management and brokerage services.
Private banking
Private banking and wealth management
Mirabaud’s private-banking business serves private clients through wealth management, investment advice, portfolio management and related banking services. It is positioned around long-term client relationships and the preservation and management of family and entrepreneurial wealth rather than mass-market retail banking.
Investment management · 1973
Asset management
The asset-management division manages investments for institutional and professional clients and is supported by operations in locations including Geneva, London and Luxembourg. The group’s historical capabilities include early involvement in Swiss hedge funds and services connected with pension-fund liability management.
Securities services
Brokerage
Brokerage is one of Mirabaud’s three principal business divisions. It complements the group’s wealth- and asset-management activities by providing access to securities markets and related execution or market-intermediation services for private and institutional clients.
Institutional financial services · 2001
Pension-liability-management services
LPP Gestion SA was created to operate in liability-management services for pension funds. This activity extended Mirabaud’s institutional offering beyond investment management into services addressing pension-fund obligations and balance-sheet considerations.
Controversies
2024
FINMA action over anti-money-laundering controls
FINMA announced that it had confiscated CHF 12.7 million from Mirabaud after identifying breaches of financial-market law and anti-money-laundering obligations. The regulator reported that the bank had inadequately reviewed and documented beneficial ownership and the economic background of numerous transactions, despite indicators of elevated risk and warnings concerning relevant client relationships.
Marketing campaigns
- 2019Mirabaud bicentenary cultural access initiative
Switzerland · Geneva
To mark its 200th anniversary, Mirabaud made the Geneva Museum of Modern and Contemporary Art free to all visitors, using a cultural-access initiative to commemorate the group’s long connection with Geneva.
Outcome. The initiative provided free public access to the museum during the bicentenary celebrations.
- 2005Bol d’Or Mirabaud sponsorship
Switzerland · Geneva
Mirabaud became the main sponsor of the Bol d’Or Mirabaud, an annual sailing regatta on Lake Geneva described as Europe’s longest freshwater sailing race. The sponsorship connects the group’s brand with Swiss heritage, competitive sailing and Geneva’s lake culture.
Outcome. The sponsorship has continued as a recurring flagship brand association.
Brand decisions
2015
Additional banking licences in Spain and FranceStrategyBackground
Mirabaud continued consolidating its European banking platform after establishing entities in Luxembourg and Spain.
Action taken
The group announced the acquisition of two additional banking licences in Spain and France.
Aftermath
The move supported the group’s effort to operate more directly across key European markets.
2014
Integration into Mirabaud SCAStrategyBackground
International growth had created a broader group requiring a more formal organizational structure.
Action taken
Mirabaud integrated its activities into Mirabaud SCA, a Swiss corporate partnership, and began publishing group annual results.
Aftermath
The reorganization formalized the group’s structure while retaining its partnership-based private ownership model.
2010
Acquisition of Venture FinanzasM&ABackground
Mirabaud sought to strengthen its Spanish platform and broaden its European presence.
Action taken
The group acquired Venture Finanzas and subsequently developed offices in Madrid, Barcelona, Valencia and Seville.
Aftermath
The transaction became a foundation for a wider Spanish operating network.
Sources1 sources
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