Frankfurter Bankgesellschaft Group (lit. 'Group of the banking company of Frankfurt') is a banking group based in Frankfurt with operations in Germany and Zurich, Switzerland. Originally established in 1969 under the name Bankenunion AG, it is a fully-owned subsidiary of Helaba and thus a member of the Sparkassen-Finanzgruppe for which it serves as the group's main private bank. It includes the former operations of LB Swiss Privatbank, a Swiss private bank founded in 1955, the second-largest German-owned private bank in Switzerland.[1]