ONE Swiss bank consolidate its growth
ONE Swiss bank prepares a merger with Banque Profil de Gestion and acquires a client portfolio to consolidate its growth
We are pleased to announce that ONE swiss bank SA (ONE) shareholders have signed a binding Memorandum of Understanding (MoU) with Banque Profil de Gestion SA (BPDG) and its current majority shareholder, Banca Profilo S.p.A. (Profilo) for the sale of a majority stake of 60.4% in BPDG by Profilo to ONE’s shareholders. The transaction shall take place in the first quarter of 2021, followed by the merger of the two banks.
The assets under management of the merged entity will reach CHF 4 to 5 billion once the operation is completed. The aim of the involved parties is to strengthen synergies between their private banking and asset management divisions (ex-Dynagest, acquired by BPDG in 2018).
The transaction is subject to the formal approval of the relevant financial supervisory authorities. Consecutive to the merger, the bank will operate under a single identity and management bodies will be adjusted to reflect the changes in the shareholder structure.
Alongside the signing of this MoU, ONE has concluded an asset purchase agreement with a private bank in Zurich for the transfer of its entire client portfolio. This deal is expected to be fully executed during the first quarter of 2021, prior to the merger with BPDG. In order to better serve its expanded client base, ONE, which already has offices in Geneva and Lugano, will establish a new presence in Zurich with 10 to 15 employees.
Grégoire Pennone, CEO and representative of ONE’s shareholders, comments: “These two transactions are in line with the actions taken in recent years and offer promising perspectives for ONE. Thanks to the expertise of the two companies, we will be able to offer a wider range of products and services and meet our clients’ present and future expectations.”
1
Our entrepreneurial mindset motivates us to rethink our value proposition continually.
●
A history with strong convictions
1984 TO 2019
ONE Swiss Bank was born from the merger between the family-owned private banks GS Banque, founded in 2004 under the name Banque Bénédict Hentsch & Cie, then renamed Geneva Swiss Bank in 2014, and Banca Arner, founded in 1984.
ONE swiss bank is the result of a successful merger between two banks driven by a strong desire to bring added value to the wealth management industry and sharing a common vision to develop an authentic and truly modern private banking model.
●
A brand is born
APRIL 2019
Being true to our core belief, that each client has individual needs and deserves tailored solutions, it is natural for us to present our services under the name of ONE swiss bank.
To act in a symbiose with our client – and with « One for you. One with you. » as guideline – is the promise, that keeps our innovative and entrepreneurial mindset occupied.
●
Strong commitment
NOVEMBER 2019
As modern private bankers, we commit to partner with our clients and serve their best interests.
The client charter determines what ONE swiss bank will always strive to deliver and what our clients can expect from ONE swiss bank. This is the meaning of our promise ONE for you. ONE with you.
Our aim is, by respecting this charter, to provide our client with a fruitful and different experience of private banking.
●
A continuous and accelerating growth
NOVEMBER 2020
ONE Swiss bank prepares a merger with Banque Profil de Gestion and acquires the entire client portfolio of a private bank in Zurich.
These two transactions are in line with the actions taken in recent years and offer promising perspectives for ONE swiss bank.
●
Many exciting stories are still to be written
Follow us on LinkedIn to stay updated
A history with strong convictions
1984 TO 2019
ONE Swiss Bank was born from the merger between the family-owned private banks GS Banque, founded in 2004 under the name Banque Bénédict Hentsch & Cie, then renamed Geneva Swiss Bank in 2014, and Banca Arner, founded in 1984.
ONE swiss bank is the result of a successful merger between two banks driven by a strong desire to bring added value to the wealth management industry and sharing a common vision to develop an authentic and truly modern private banking model.
A brand is born
APRIL 2019
Being true to our core belief, that each client has individual needs and deserves tailored solutions, it is natural for us to present our services under the name of ONE swiss bank.
To act in a symbiose with our client – and with « One for you. One with you. » as guideline – is the promise, that keeps our innovative and entrepreneurial mindset occupied.
Strong commitment
NOVEMBER 2019
As modern private bankers, we commit to partner with our clients and serve their best interests.
The client charter determines what ONE swiss bank will always strive to deliver and what our clients can expect from ONE swiss bank. This is the meaning of our promise ONE for you. ONE with you.
Our aim is, by respecting this charter, to provide our client with a fruitful and different experience of private banking.
A continuous and accelerating growth
NOVEMBER 2020
ONE Swiss bank prepares a merger with Banque Profil de Gestion and acquires the entire client portfolio of a private bank in Zurich.
These two transactions are in line with the actions taken in recent years and offer promising perspectives for ONE swiss bank.
Many exciting stories are still to be written
Follow us on LinkedIn to stay updated
2
The services we offer.
WEALTH MANAGEMENT
PRIVATE BANKING
We are combining the long-standing Swiss Private Banking traditions with a pro-active entrepreneurial mindset. This alchemy results in what we call Modern Private Bankers, where agility, integrity and enthusiasm meet in a boutique-sized structure. It is our ambition to benefit from that to offer “best in class” services.
TAILORED SOLUTIONS
We work closely with you to fully understand your investment objectives, risk sensitivity, tax requirements and cash-flow needs. When developing your financial wealth plan, we take a holistic approach to understand your full financial aspirations. By analyzing the complete picture, our team of specialists are able to provide you with a 360° plan to help you achieve your goals.
ASSET MANAGEMENT
DISCRETIONARY MANDATES
We collaborate with you to determine your appetite for return, tolerance for risk and time horizon for your investments We check how your other assets, such as private equity and real estate, may correlate with the investments we recommend. This way of tailoring your investment strategy makes sure that your assets are invested in balance with your specific needs and you save precious time by not having to take detailed decisions yourself.
ADVISORY SOLUTIONS
Our Investment culture is built around established and experienced portfolio managers with an entrepreneurial mindset. We focus on allocating your money in the best asset classes, seeking to add value over the medium to long term.
ASSET SERVICES
FINANCIAL INTERMEDIARIES
In the fast changing financial world with more and more regulations, you need a pragmatic and agile bank to support your business. We are dedicated to be this reliable and solution oriented partner for you, making it possible for you to deliver quality service to your clients. We are determined to stay updated and able to fulfill your complete needs of a strong bank for your clients.
CUSTODIAN SERVICES
You benefit from a direct access to a personal relationship manager. All teams in our bank work together on giving the best possible service. This leads to high quality solutions, precise answers and fast execution of orders. We simply aim to provide solutions to make your – and your client’s – life easier.
3
Choose us because
We want to be recognized as trusted partners and specialists, who can help structuring and managing your wealth. By choosing us to manage your assets, you are sharing our founders’ vision.
A panoramic perspective in which your assets are viewed from all relevant perspectives, with the overall objective of protecting, optimizing and growing your personal wealth.
ONE We treat every client as an individual and unique person. With needs and expectations, that cannot be copied. We strive to build tailored and sustainable solutions bringing value and meaning.
SWISS Being based in Switzerland, we focus on high levels of stability and security in all our relations and activities. We treat our clients trust in us with the highest attention and respect.
BANK By nature a Private Bank with a global reach and ambition to assist our clients in Wealth- and Asset Management. Being innovative and positioned for the future of Private Banking, we are ready to follow our clients through times of change and evolving needs.
4
One for you. One with you.
GENEVE
Chemin des Mines 9, 1202 Genève
+41 22 360 91 00
LUGANO
Piazza Manzoni 8, 6901 Lugano
+41 91 912 6222
© 2019 One Swiss Bank SA. All Rights Reserved