UNION BANCAIRE PRIVEE, UBP SA products, services and reviews

About UNION BANCAIRE PRIVEE, UBP SA

Union Bancaire Privée, UBP SA is a Swiss private bank founded in 1969 and headquartered in Geneva, controlled by the de Picciotto family. It holds a Swiss banking and securities firm license and is supervised by FINMA; deposits booked in Switzerland are covered by the esisuisse depositor protection scheme up to CHF 100,000 per client, while investment products are not insured and carry market and issuer risks. The group focuses on wealth management and asset management for high-net-worth clients, family offices, and institutional investors, offering discretionary and advisory mandates, custody and execution, portfolio lending, foreign exchange, and access to funds (including proprietary strategies), structured products, hedge funds, private markets, and ESG-themed strategies. UBP operates from Switzerland and several international hubs in Europe, the Middle East, and Asia, including Luxembourg, Monaco, France, the United Kingdom, the United Arab Emirates (DIFC), Hong Kong, and Singapore, with services subject to local regulations such as FinSA/MiFID II and DFSA rules. Expansion has been driven by acquisitions, notably the purchase of Coutts International from RBS in 2015 and later transactions in Luxembourg, with ongoing integration of platforms and client books. The bank reports capital and liquidity metrics above Swiss minimums and does not have public credit ratings from major global agencies; pricing for mandates, custody, and transactions varies by jurisdiction, service scope, and asset mix, and private banking onboarding thresholds are typically high. Legacy matters include a 2016 resolution under the US Department of Justice Swiss Bank Program and settlements related to client losses in products with exposure to the Madoff fraud; these have been disclosed and closed. Prospective clients should assess the use of proprietary versus open-architecture products, potential conflicts of interest, reporting standards, digital capabilities, and the legal protections of the chosen booking center.