UBP: Strategic Acquisitions Drive AUM Growth in 2025

Geneva-based Union Bancaire Privée posted a strong increase in assets under management for 2025, driven by strategic acquisitions as well as organic growth.

UBP saw its client assets grow by 19.5 percent year-on-year to 184.5 billion Swiss francs ($233.8 billion) in 2025, according to the bank’s financial results, with net inflows increasing by 2.7 billion francs. This included contributions from the completed integration of Societe Generale Private Banking in Switzerland and SG Kleinwort Hambros in the UK.

Group profit climbed 4.4 percent to 268.6 million francs as total income rose 12.5 percent to 1.5 billion francs from higher fees and commissions as well as strong trading activity, while operating expense reached 1.1 billion francs, up 15.7 percent, from costs related to acquisitions, restructuring, and investments in compliance and technology.

«In 2025, we scaled up, and our new size requires us more than ever to be highly adaptable. Scaling up means showing greater agility and discipline – discipline in aiming for excellence in the services we provide, in the consistency and quality of the investment solutions we offer clients worldwide, and in upholding the highest standards of compliance and risk management,» said a statement authored by UBP’s chairman Daniel de Picciotto and CEO Guy de Picciotto.

«As we grow, we recognize the critical importance of maintaining robust governance frameworks, adhering to evolving regulatory requirements, and proactively managing risks to safeguard the trust our clients place in us.»