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.

Bank Category
Foreign-controlled banks

Services
Private Banking
Wealth Management

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.

Rank in Switzerland
18th largest bank

Total Assets (2016)
24 710.52 mln CHF  (-0.74%)
Number of Employees (2014)
1 350  (-8.93%)

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.

Address
Quai Général-Guisan 2, 1211, Genève, Switzerland
P.O. Box
3580
Phone
022 705 55 55
Fax
022 705 57 30
BIC (SWIFT)
BLICCHGGXXX
Company Number
CHE-101.727.921
Founded
1988

Business Summary

Services
private banking
wealth management
Eligible Clients
private individuals
families
intermediaries
trusts

Financial Positions

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.

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

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.

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%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
18th (market share 0.80%)

In 2016 HSBC Private Bank (Suisse) SA was the 18th largest bank in Switzerland in terms of total assets, having 0.80% of market share.

Market share of HSBC Private Bank (Suisse) SA

Chart 2. Market share of HSBC Private Bank (Suisse) SA

Several banks with market shares closest to HSBC Private Bank (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
17 Aargauische Kantonalbank25245.53 mln CHF0.82%
18 HSBC Private Bank (Suisse) SA24710.52 mln CHF0.80%
19 Graubündner Kantonalbank23761.96 mln CHF0.77%
 

Deposit Guarantee

Deposit Guarantee
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)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

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: 6 banks in 6 countries

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