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Union Bancaire Privée

Leading Swiss private bank specializing in wealth management.

Last updated August 31, 2026

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Overview

Union Bancaire Privée (UBP) is a Swiss private bank headquartered in Geneva, founded by Edgar de Picciotto in 1969. It focuses on wealth management, asset management, and investment advisory services for high-net-worth clients, with operations in major financial centers worldwide.

Products and positioning

High-end private bank, focusing on long-term client relationships and prudent investment strategies.

Product categories. Private banking services · Asset management · Investment advisory · Wealth planning · Private banking · Wealth management · Investment-related financial services · Financial services for individuals and families

Recent events

  • 2025

    Union Bancaire Privée completes acquisition of SG Kleinwort Hambros[1]

    M&A

    Union Bancaire Privée completed its acquisition of SG Kleinwort Hambros on 1 April 2025. The business was renamed Union Bancaire Privée (UK) Limited from that date.

  • 2020

    Mouhammed Choukeir appointed chief executive of Kleinwort Hambros[1]

    Leadership change

    Mouhammed Choukeir was appointed chief executive officer of the private-banking business in April 2020.

  • 2016

    Société Générale combines Kleinwort Benson and SG Hambros[1]

    M&A

    Société Générale merged Kleinwort Benson with its existing SG Hambros private-banking subsidiary, creating the Kleinwort Hambros business.

Sources1 sources

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