Banque Bonhôte
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Banque Bonhôte
Banque Bonhôte & Cie is a Swiss private bank founded in 1815 in Neuchâtel. It is active in the wealth and asset management sector. History In 1815, Louis-Auguste Petitmaître created the first private bank in Neuchâtel at the age of 18, while the city had only around 4,000 inhabitants. The company initially specialised in metal trading before becoming a real banking institution in the years which followed. Louis-Auguste Petitmaître's bank was taken over by his son Louis-Édouard in 1872, who was previously elected as deputy at the beginning of the 1860s. In 1895, the latter partnered with Paul Bonhôte, leading to the creation of the Antenen Bonhôte & Cie Bank, which became the Bonhôte & Cie Bank in 1903. In 1936, Claude Bonhôte took over from his father, maintaining control of the bank's management until 1988. In 1987, he sold the business to the financial holding company Prigest SA. In 1992, Jean Berthoud and a group of partners repurchased the bank. Jean Berthoud to ...
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Neuchâtel
Neuchâtel (, ; ; ) is a list of towns in Switzerland, town, a Municipalities of Switzerland, municipality, and the capital (political), capital of the cantons of Switzerland, Swiss canton of Neuchâtel (canton), Neuchâtel on Lake Neuchâtel. Since the fusion in 2021 of the municipalities of Neuchâtel, Corcelles-Cormondrèche, Peseux, Neuchâtel, Peseux, and Valangin, the city has approximately 33,000 inhabitants (80,000 in the metropolitan area). The city is sometimes referred to historically by the German name ; both the French and German names mean "New Castle". The castle after which the city is named was built by Rudolph III of Burgundy and completed in 1011. Originally part of the Kingdom of Burgundy, the city was absorbed into the Holy Roman Empire in 1033. The domain of the counts of Neuchatel was first referred to as a city in 1214. The city came under Prussian control from 1707 until 1848, with an interruption during the Napoleonic Wars from 1806 to 1814. In 1848, ...
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Swiss Bankers Association
The Swiss Bankers Association is a professional organization of Swiss financial institutions. Background The trade association known as the Swiss Bankers Association was founded in 1912 in Basel, Switzerland. It is the primary industry group representing the Swiss Banks to the government of Switzerland and to the governments of other states. The unity provided by this organization allows the various Swiss banks, from the "Big Two" ( UBS and Credit Suisse Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...) down to the smaller community and cantonal banks, to collaborate on various issues of importance to the banking community. The Swiss Bankers Association's main goal is to maintain and promote the best possible framework conditions for the actors of the Swiss financial centr ...
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Private Banks
Private banking is a general description for banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs) – those with very high income or substantial assets. Private banking is presented by those who provide such services as an exclusive subset of wealth management services, provided to particularly affluent clients. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually provided via dedicated bank advisers. It has typically consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge services, typically offered through a gateway provided by a single designated relationship manager. History Banking originated in provision of some services of what is now seen as "private" banking. Early Venetian banks provided personal finance ...
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Banks Established In 1815
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ...
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