EFG International

EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses operates in around 40 locations worldwide, with more than 3,000 employees (as of 31 December 2019).

EFG International AG[1]
TypeSubsidiary
SIX: EFGN
IndustryFinancial Services
Founded1995 (1995)
Headquarters
Zürich
,
Switzerland
Area served
Europe, Asia Pacific, the Americas, Middle East
Key people
ProductsPrivate banking
CHF 1,170.9 million (2019)
CHF 94.2 million (2019)
AUMCHF 153.8 billion (2019)
Total assetsCHF 40,985 million (2019)
Total equityCHF 1,780.8 million (2019)
OwnerEFG Bank European Financial Group (44.8%)
Number of employees
3,151 (2019)
ParentEFG Bank European Financial Group
Websitewww.efginternational.com

History

EFG (European Financial Group) International was formed in 1995 by Jean Pierre Cuoni Lawrence D. Howell, Baron Corso von Habsburg and five others. The genesis of the bank was by the acquisitions of both the right to operate from the Zurich office of Banque de Deposits and the Swiss operations of the Royal Bank of Scotland.

Structure

EFG International's largest shareholder is EFG Bank European Financial Group, a Swiss bank based in Geneva, holding about 44.8% of its capital. This is in turn a distinct and separate sub-group of European Financial Group EFG (Luxembourg) (“EFG Group”), based in Luxembourg. In addition, BTG Pactual holds 28.9% of EFG International.

EFG Bank is EFG International’s main Swiss private banking subsidiary. EFG Bank is headquartered in Zurich, and has branches and representative offices across Europe, Asia Pacific, the Americas and Middle East. EFG International has a number of other private banking subsidiaries including EFG Private Bank Limited in the UK and EFG Capital in the US.

The family's largest holding is its EFG Bank European Financial Group in Luxembourg, a private banking group that operates in many jurisdictions. The Group holds 44.8% of EFG International, a global private banking group offering private banking and asset management services, listed in Switzerland on the Zurich Stock Exchange.[2] EFGI's group of private banking businesses operates in around 40 locations worldwide, with more than 3,000 employees.

Executive committee[3]
  • Giorgio Pradelli - Chief Executive Officer
  • Renato H. Cohn - Deputy Chief Executive Officer and Head of Investment Solutions
  • Yves Aeschlimann - Group Head of Legal & Compliance
  • Martin Freiermuth - Chief Operating Officer
  • Dimitris Politis - Chief Financial Officer

References
  1. https://www.efginternational.com
  2. EFG Group Website
  3. EFG International Executive Committee
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.