Falcon Private Bank AG

Founded in 1965 as Ueberseebank, the bank was renamed to AIG Private Bank in 1998. Following a change of ownership, the name Falcon Private Bank was launched in 2009. Falcon Private Bank’s vision is a Swiss private banking boutique with emerging markets access and expertise.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2017)
1 735.27 mln CHF  (-40.06%)
Number of Employees (2017)
278  (-16.77%)

Falcon Private Bank AG is the 96th largest bank in Switzerland in terms of total assets. In 2017 its total assets were 1 735,27 mln CHF, providing the bank with the market share of 0.05%. Falcon Private Bank AG is the 26th largest foreign-controlled bank in Switzerland (out of 76 foreign-controlled banks) having market share of 0.75% amongst the banks of this category. Falcon Private Bank AG had 278 employees in 2017.

Falcon Private Bank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

Pelikanstrasse 37, 8021, Zürich, Switzerland
1376
044 227 55 55
044 211 55 11

Falcon Private Bank AG is headquartered in Zürich.

Bank Identifiers

BIC (SWIFT)
UEBECHZZXXX
Company Number
CHE-105.933.968
Founded
1965

Financial Positions

Total Assets (2017)
1 735.27 mln CHF  (-40.06%)
Assets Under Management (2017)
10 501.80 mln CHF  (-9.18%)

In 2017 total assets of Falcon Private Bank AG were 1 735.27 mln CHF. Decline compared to the previous period (2016) was -40.06%. The evolution of the total assets of Falcon Private Bank AG is shown at Chart 1 below.

Total Assets of Falcon Private Bank AG.

Chart 1. Total Assets of Falcon Private Bank AG.

In 2017 assets under management of Falcon Private Bank AG were 10 501.80 mln CHF. Decline compared to the previous period (2016) was -9.18%. The evolution of the assets under management of Falcon Private Bank AG is shown at Chart 2 below.

Assets Under Management of Falcon Private Bank AG.

Chart 2. Assets Under Management of Falcon Private Bank AG.

Profit and Loss

Gross Profit (2017)
93.60 mln CHF  (+283.61%)
Operating Income (2017)
-10 900 000.00 CHF  (-89.00%)
Annual Profit (2017)
-28 400 000.00 CHF  (-77.83%)

In 2017 gross profit of Falcon Private Bank AG was 93.60 mln CHF. Growth compared to the previous period (2016) was 283.61%. The evolution of the gross profit of Falcon Private Bank AG is shown at Chart 3 below.

Gross Profit of Falcon Private Bank AG.

Chart 3. Gross Profit of Falcon Private Bank AG.

Recent changes in gross profit of Falcon Private Bank AG and its main components are shown in Table 1.

2016 2017 % change
Net Interest Income 28.9 19.6 -32.18%
Net Commission Income 65.7 48.1 -26.79%
Net Income from Trading Operations 13.7 7.1 -48.18%
Gross Profit 24.4 93.6 +283.61%
Table 1. Recent changes in gross profit of Falcon Private Bank AG (mln CHF).

In 2017 annual profit of Falcon Private Bank AG was -28 400 000.00 CHF. Decline compared to the previous period (2016) was -77.83%. The evolution of the annual profit of Falcon Private Bank AG is shown at Chart 4 below.

Annual Profit of Falcon Private Bank AG.

Chart 4. Annual Profit of Falcon Private Bank AG.

Number of Employees

Number of Employees (2017)
278  (-16.77%)

In 2017 there were 278 employees of Falcon Private Bank AG. Decline compared to the previous period (2016) was -16.77%. The evolution of the number of employees of Falcon Private Bank AG is shown at Chart 5 below.

Number of Employees of Falcon Private Bank AG.

Chart 5. Number of Employees of Falcon Private Bank AG.

Market Share and Rank (among banks in Switzerland)

Total Assets (2017)
96th (market share 0.05%)

In 2017 Falcon Private Bank AG was ranked the 96th largest bank in Switzerland in terms of total assets, having 0.05% of the domestic market share.

Market share of Falcon Private Bank AG (among banks in Switzerland)

Chart 6. Market share of Falcon Private Bank AG (among banks in Switzerland)

Several banks having the market shares and ranks closest to Falcon Private Bank AG are shown below.

RankNameTotal AssetsMarket Share
95 Privatbank IHAG Zürich AG1742.94 mln CHF0.05%
96 Falcon Private Bank AG1735.27 mln CHF0.05%
97 State Street Bank International GmbH, München, Zweigniederlassung Zürich1634.69 mln CHF0.05%
 

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

Total Assets (2017)
26th (market share 0.75%)

In 2017 Falcon Private Bank AG was ranked the 26th largest foreign-controlled bank in Switzerland in terms of total assets, having 0.75% of the category's market share.

Market share of Falcon Private Bank AG (among Foreign-controlled banks in Switzerland)

Chart 7. Market share of Falcon Private Bank AG (among Foreign-controlled banks in Switzerland)

Several foreign-controlled banks having the market shares and ranks closest to Falcon Private Bank AG are shown below.

RankNameTotal AssetsMarket Share
25 BANQUE AUDI (SUISSE) SA2002.02 mln CHF0.87%
26 Falcon Private Bank AG1735.27 mln CHF0.75%
27 Schroder & Co Bank AG1561.60 mln CHF0.68%
 

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 Falcon Private Bank AG 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

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 Falcon Private Bank AG and its components are shown in the table below.

BIC  UEBECHZZXXX
Bank BIC Code  UEBE
Country Code  CH (Switzerland)
Location Code  ZZ
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-105.933.968