Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd.

Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. is a wholly owned banking subsidiary of the Mitsubishi UFJ Financial Group specializing in private banking.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2016)
169.91 mln CHF  (-15.78%)
Number of Employees (2014)
16  (+2.53%)

Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. is the 226th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 169,91 mln CHF, providing the bank with the market share of 0.01%. Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. is the 74th largest foreign-controlled bank in Switzerland (out of 81 foreign-controlled banks) having market share of 0.07% amongst the banks of this category. Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. had 16 employees in 2014.

Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

Genève, Switzerland

Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. is headquartered in Genève.

Bank Identifiers

Company Number
CHE-109.642.406
Founded
2002

Financial Positions

Total Assets (2016)
169.91 mln CHF  (-15.78%)
Assets Under Management (2014)
832.20 mln CHF  (-0.54%)

In 2016 total assets of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. were 169.91 mln CHF. Decline compared to the previous period (2015) was -15.78%. The evolution of the total assets of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. is shown at Chart 1 below.

Total Assets of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd..

Chart 1. Total Assets of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd..

In 2014 assets under management of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. were 832.20 mln CHF. Decline compared to the previous period (2013) was -0.54%.

Profit and Loss

Gross Profit (2014)
2.60 mln CHF  (-18.75%)
Annual Profit (2014)
1.70 mln CHF  (-19.05%)

In 2014 gross profit of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. was 2.60 mln CHF. Decline compared to the previous period (2013) was -18.75%.

Recent changes in gross profit of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 0.3 0.3 0.00%
Net Commission Income 8.5 7.9 -7.06%
Net Income from Trading Operations 0.4 0.4 0.00%
Net Income from Banking Operations 9.3 8.8 -5.38%
Gross Profit 3.2 2.6 -18.75%
Table 1. Recent changes in gross profit of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. (mln CHF).

In 2014 annual profit of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. was 1.70 mln CHF. Decline compared to the previous period (2013) was -19.05%.

Number of Employees

Number of Employees (2014)
16  (+2.53%)

In 2014 there were 16 employees of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd.. Growth compared to the previous period (2013) was 2.53%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
226th (market share 0.01%)

In 2016 Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. was ranked the 226th largest bank in Switzerland in terms of total assets, having 0.01% of the domestic market share.

Market share of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. (among banks in Switzerland)

Chart 2. Market share of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. (among banks in Switzerland)

Several banks having the market shares and ranks closest to Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. are shown below.

RankNameTotal AssetsMarket Share
225 Mercantil Bank (Schweiz) AG171.07 mln CHF0.01%
226 Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd.169.91 mln CHF0.01%
227 Banque Degroof Petercam (Suisse) SA167.21 mln CHF0.01%
 

Market Share and Rank (among Foreign-controlled banks in Switzerland)

Total Assets (2016)
74th (market share 0.07%)

In 2016 Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. was ranked the 74th largest foreign-controlled bank in Switzerland in terms of total assets, having 0.07% of the category's market share.

Market share of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. (among Foreign-controlled banks in Switzerland)

Chart 3. Market share of Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. (among Foreign-controlled banks in Switzerland)

Several foreign-controlled banks having the market shares and ranks closest to Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. are shown below.

RankNameTotal AssetsMarket Share
73 Mercantil Bank (Schweiz) AG171.07 mln CHF0.07%
74 Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd.169.91 mln CHF0.07%
75 Banque Degroof Petercam (Suisse) SA167.21 mln CHF0.07%
 

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 Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. 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

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-109.642.406

European Presence: 10 banks in 10 countries

Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. operates under the brand name The Bank of Tokyo Mitsubishi. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

France

Germany

Ireland

Italy

Luxembourg

Spain

Switzerland

  •  (this bank) Mitsubishi UFJ Wealth Management Bank (Switzerland), Ltd. (Genève)

Turkey

United Kingdom

Defunct Banks: 2 banks in 2 countries

The following banks operating under The Bank of Tokyo Mitsubishi brand name has been recently closed down:

Belgium

Poland