HSBC Private Bank (Suisse) SA

HSBC Private Bank provides private banking, investments and wealth management products and services to high net worth individuals, their families, intermediaries, and trusts.

Contacts 
    Address  Quai Général-Guisan 2, 1211, Genève, Switzerland
    P.O. Box  3580
    Phone  022 705 55 55
    Fax  022 705 57 30
Member of Group   HSBC (United Kingdom)
Bank Category  Foreign-controlled banks
Start Date  1988
Financial Positions
    Total Assets (2015)  24 893.90 mln CHF ↓ (-15.45%)
    Assets Under Management (2014)  68 214.10 mln CHF ↓ (-9.12%)
Profit and Loss
    Gross Profit (2014)  120.20 mln CHF ↓ (-77.82%)
    Annual Profit (2014)  11.10 mln CHF ↓ (-99.47%)
Market Position and Market Share (among banks in Switzerland)
    Total Assets (2015)  14th (market share 0.82%)
Number of Employees (2014)  1 350 ↓ (-8.93%)
Deposit Guarantee  Yes (up to 100 000 CHF per depositor)
Bank Identifiers
    BIC (SWIFT)  BLICCHGGXXX
    Company Number  CHE-101.727.921
European Presence  7 banks in 6 countries

Financial Positions

In 2015 total assets of HSBC Private Bank (Suisse) SA were 24 893.90 mln CHF. Decline compared to the previous period (2014) was -15.45%. The evolution of the total assets of HSBC Private Bank (Suisse) SA is shown at Chart 1 below.

Total Assets of HSBC Private Bank (Suisse) SA.
Chart 1. Total Assets of HSBC Private Bank (Suisse) SA.

In 2014 assets under management of HSBC Private Bank (Suisse) SA were 68 214.10 mln CHF. Decline compared to the previous period (2013) was -9.12%.

Profit and Loss

In 2014 gross profit of HSBC Private Bank (Suisse) SA was 120.20 mln CHF. Decline compared to the previous period (2013) was -77.82%.

Recent changes in gross profit of HSBC Private Bank (Suisse) SA and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 388.8 170.0 -56.28% ↓
Net Commission Income 550.1 294.2 -46.52% ↓
Net Income from Trading Operations 191.0 84.0 -56.02% ↓
Net Income from Banking Operations 1 214.0 551.1 -54.60% ↓
Gross Profit 541.9 120.2 -77.82% ↓
Table 1. Recent changes in gross profit of HSBC Private Bank (Suisse) SA (mln CHF).

In 2014 annual profit of HSBC Private Bank (Suisse) SA was 11.10 mln CHF. Decline compared to the previous period (2013) was -99.47%.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of HSBC Private Bank (Suisse) SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information: Deposit Guarantee Scheme in Switzerland

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of HSBC Private Bank (Suisse) SA and its components are shown in the table below.

BIC  BLICCHGGXXX
Bank BIC Code  BLIC
Country Code  CH (Switzerland)
Location Code  GG
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-101.727.921

European Presence

This bank operates in the following European countries and selected dependent territories of the European countries:

Guernsey

Ireland

Luxembourg

Monaco

Switzerland

  •  (this bank) HSBC Private Bank (Suisse) SA (Genève)

United Kingdom

Related Information on Switzerland

  Economy and Banking Sector of Switzerland

  List of Banks in Switzerland

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