 | |
| Industry | Private banking and financial services |
|---|---|
| Founded | 23 July 1805 |
| Founders | Jacob-Michel-François de Candolle and Jacques-Henry Mallet |
| Headquarters | Geneva, Switzerland |
Number of locations | 30 |
Area served | Worldwide |
Key people | François Pictet Laurent Ramsey Renaud de Planta Elif Aktuğ Raymond Sagayam Marc Pictet Sébastien Eisinger Sven Holstenson |
| Services | Asset management, wealth management, investment funds, asset services and trading |
767,904,000 Swiss franc (2022)  | |
| AUM |  CHF 633 billion[1] |
| Total assets | (2023) |
Number of employees | 5,439 |
| Capital ratio | 28.7 percent |
| Rating | Moody's: P-1/Aa2; Fitch: F1+/AA-[2] |
| Website | pictet.com |
The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland. Headquartered in Geneva, it is one of the largest Swiss banks and primarily offers services in wealth management, asset management, and asset servicing, to private clients and institutions.
The Pictet Group employs around 5,400 people, including 900 investment managers.[1] It has a network of 30 offices in financial services centres, including registered banks in Geneva, Luxembourg, Nassau, Hong Kong, and Singapore.
Pictet does not engage in investment banking, nor does it extend commercial loans. According to its 2023 Annual Review, Pictet had CHF 633 billion of assets under management or custody, with its total capital ratio significantly exceeding the levels demanded by Swiss regulators.[3] Banque Pictet & Cie SA is rated Prime-1/Aa2 by Moody's, and F1+/AA- by Fitch.[2]
- ^ a b "Annual Review". 31 December 2023. Retrieved 3 June 2024.
- ^ a b "Pictet Corporate Ratings". www.group.pictet. Retrieved 2020-01-08.
- ^ Sébastien, Ruche (2023-08-31). "La fiscalité pèse sur le bénéfice de Pictet". Le Temps (in French). ISSN 1423-3967. Retrieved 2023-09-05.