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Global professional services provider, JTC, and Union Bancaire Privée, UBP SA (“UBP”), a leading Swiss wealth and asset manager, are pleased to announce they have reached an agreement on JTC’s proposed acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries (together "KHT"), which are wholly owned subsidiaries of UBP.

Union Bancaire Privée’s client assets rose by more than 11% to CHF 171.7 billion

The banking sector has undergone major shifts in the past few years. The takeover of Credit Suisse by UBS, considerable redundancies at major financial institutions and ongoing cost-cutting have made the job market increasingly competitive.

Union Bancaire Privée, UBP SA (UBP) announces the successful completion of its acquisition of SG Kleinwort Hambros from Societe Generale, marking a significant milestone in the Bank’s international growth strategy.

With five trophies to pick up at the WealthBriefing European Awards ceremony, and three at the Euromoney Private Banking Awards event, UBP had a busy night in London on 27 March.

Union Bancaire Privée increases its group profit to CHF 257.4 million in 2024

The Covid pandemic has reshaped the global economy. It produced an exogenous shock that caused upheaval across the globe between 2020 and 2022, leading to a new world order.

Summer is in full swing, and with it comes first-half results season for Swiss banks. These announcements can sometimes seem like an alphabet soup, with terms like CET1, LCR and NSFR representing financial ratios that are meant to help assess a bank’s solvency.

Union Bancaire Privée, UBP SA (UBP) and Societe Generale announced today that they have entered into two exclusive agreements whereby UBP will acquire Societe Generale’s Swiss private banking activities (Societe Generale Private Banking Suisse) as well as their UK and Channel Islands wealth management arm (SG Kleinwort Hambros). Both transactions are expected to be completed by the end of the first quarter of 2025. 

Union Bancaire Privée’s net profit rises by 24.6% to CHF 138.1 million

The CEO of wealth management bank Union Bancaire Privée is focused on growth through acquisitions.