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

Falcon Private Bank AG is the 80th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 2 895,15 mln CHF, providing the bank with the market share of 0.09%. Falcon Private Bank AG is the 23rd largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 1.17% amongst the banks of this category.

Rank in Switzerland
80th largest bank

Total Assets (2016)
2 895.15 mln CHF  (-9.60%)
Number of Employees (2016)
334  (-1.76%)

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

Falcon Private Bank AG is headquartered in Zürich.

Address
Pelikanstrasse 37, 8021, Zürich, Switzerland
P.O. Box
1376
Phone
044 227 55 55
Fax
044 211 55 11
BIC (SWIFT)
UEBECHZZXXX
Company Number
CHE-105.933.968
Founded
1965

Financial Positions

Total Assets (2016)
2 895.15 mln CHF  (-9.60%)
Assets Under Management (2016)
11 563.50 mln CHF  (-21.00%)

In 2016 total assets of Falcon Private Bank AG were 2 895.15 mln CHF. Decline compared to the previous period (2015) was -9.60%. 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 2016 assets under management of Falcon Private Bank AG were 11 563.50 mln CHF. Decline compared to the previous period (2015) was -21.00%. 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 (2016)
-99 100 000.00 CHF
Annual Profit (2016)
-128 100 000.00 CHF

In 2016 gross profit of Falcon Private Bank AG was -99 100 000.00 CHF. Decline compared to the previous period (2015) was -621.58%. 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.

2015 2016 % change
Net Interest Income 36.7 28.9 -21.25%
Net Commission Income 68.9 65.7 -4.64%
Net Income from Trading Operations 24.1 13.7 -43.15%
Net Income from Banking Operations 130.7 24.4 -81.33%
Gross Profit 19.0 -99.1
Table 1. Recent changes in gross profit of Falcon Private Bank AG (mln CHF).

In 2016 annual profit of Falcon Private Bank AG was -128 100 000.00 CHF. Decline compared to the previous period (2015) was -442.51%. 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.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
80th (market share 0.09%)

In 2016 Falcon Private Bank AG was the 80th largest bank in Switzerland in terms of total assets, having 0.09% of market share.

Market share of Falcon Private Bank AG

Chart 5. Market share of Falcon Private Bank AG

Several banks with market shares closest to Falcon Private Bank AG are shown below.

RankNameTotal AssetsMarket Share
79 Banque Cantonale du Jura SA2904.37 mln CHF0.09%
80 Falcon Private Bank AG2895.15 mln CHF0.09%
81 Deutsche Bank Aktiengesellschaft, Frankfurt a.M., Zweigniederlassung Zürich2787.13 mln CHF0.09%
 

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

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 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