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.
Falcon Private Bank AG is the 107th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 1 364,74 mln CHF, providing the bank with the market share of 0.04%. Falcon Private Bank AG is the 29th largest foreign-controlled bank in Switzerland (out of 74 foreign-controlled banks) having market share of 0.61% amongst the banks of this category. In 2018 the bank's annual profit was -31,80 mln CHF. Falcon Private Bank AG had 215 employees in 2018.
Falcon Private Bank AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Falcon Private Bank AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Falcon Private Bank AG is headquartered in Zürich.
Falcon Private Bank AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-105.933.968).