HSBC Private Bank provides private banking, investments and wealth management products and services to high net worth individuals, their families, intermediaries, and trusts.
HSBC Private Bank (Suisse) SA is the 18th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 24 710,52 mln CHF, providing the bank with the market share of 0.80%. HSBC Private Bank (Suisse) SA is the 1st largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 9.98% amongst the banks of this category.
HSBC Private Bank (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
HSBC Private Bank (Suisse) SA is headquartered in Genève.
|Total Assets (2016)|
|24 710.52 mln CHF (-0.74%)|
|Assets Under Management (2014)|
|68 214.10 mln CHF (-9.12%)|
In 2016 total assets of HSBC Private Bank (Suisse) SA were 24 710.52 mln CHF. Decline compared to the previous period (2015) was -0.74%. The evolution of the total assets of HSBC Private Bank (Suisse) SA is shown at Chart 1 below.
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%.
|Gross Profit (2014)|
|120.20 mln CHF (-77.82%)|
|Annual Profit (2014)|
|11.10 mln CHF (-99.47%)|
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.
|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%|
|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%.
|Yes (up to 100 000 CHF per depositor)|
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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||BLIC|
|Country Code||CH (Switzerland)|
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.