Mirabaud is a Swiss

private bank Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entire ...

based in

Geneva Geneva ( , ; ) ; ; . is the List of cities in Switzerland, second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the Rhône exits Lake Geneva, it is the ca ...

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

. Mirabaud provides services in

wealth management Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-hi ...

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

and

brokerage A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neith ...

to private clients and institutions around the world. Founded in 1819, it gradually developed into the third largest

in Geneva. Six partners are involved in the group's day-to-day management.

History

''Mirabaud et Cie'' was founded in 1819 and is one of the oldest banks in Switzerland. Family-owned and operated, the bank has played a key part in the construction and development of the Swiss financial system, helping co-found the Geneva Stock Exchange in 1857. In 1973, it pioneered the development of Swiss

hedge funds A hedge fund is a pooled investment fund that holds liquid assets and that makes use of complex trading and risk management techniques to aim to improve investment performance and insulate returns from market risk. Among these portfolio techniq ...

. In 1985, Mirabaud opened its first foreign bureau in

Montréal Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cit ...

, followed in 1990 by the reinforcement of its historical presence in London The first Asian office was opened in Hong Kong in 1997 and one year later, the bank reinforced its presence in Switzerland by opening its first subsidiary in Zurich. In 2001, Mirabaud significantly grew its asset management teams in Geneva and London. The same year, the Group created ''LPP Gestion SA'' to operate in the field of liability management services for pension funds. From 2003 onwards the Group continued to solidify its presence in the EU, Switzerland, and the Middle East: a new subsidiary opened in Paris, a majority stake in Jenni & Cie (Basel) was purchased in 2004, and another banking office opened in Dubai in 2007. In 2010, the Group acquired Venture Finanzas in Spain and pursued its strategic implantation by opening offices in Madrid, Barcelona, Valencia and Seville. In 2011, Mirabaud consolidated its asset management activities in

Luxembourg Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembour ...

by creating ''Mirabaud Asset Management (Europe) SA''. A bank (''Mirabaud & Cie (Europe) SA'') followed in 2014. In 2015, the Group announced the acquisition of two further banking licenses in Spain and France. The group underwent a major structural change in 2014: Mirabaud's activities became integrated into Mirabaud SCA, a Swiss corporate partnership. For the first time, the Group also publishes its annual results.

Activities

Mirabaud's headquarters are located in Geneva, Switzerland, but the Group has offices around the world. These include subsidiaries in Switzerland (

Basel Basel ( ; ), also known as Basle ( ), ; ; ; . is a city in northwestern Switzerland on the river Rhine (at the transition from the High Rhine, High to the Upper Rhine). Basel is Switzerland's List of cities in Switzerland, third-most-populo ...

Zurich Zurich (; ) is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zurich. It is in north-central Switzerland, at the northwestern tip of Lake Zurich. , the municipality had 448,664 inhabitants. The ...

), Europe (

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

Madrid Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...

Barcelona Barcelona ( ; ; ) is a city on the northeastern coast of Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second-most populous municipality of Spain. With a population of 1.6 million within c ...

Valencia Valencia ( , ), formally València (), is the capital of the Province of Valencia, province and Autonomous communities of Spain, autonomous community of Valencian Community, the same name in Spain. It is located on the banks of the Turia (r ...

Seville Seville ( ; , ) is the capital and largest city of the Spain, Spanish autonomous communities of Spain, autonomous community of Andalusia and the province of Seville. It is situated on the lower reaches of the Guadalquivir, River Guadalquivir, ...

and

Milan Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nea ...

), and elsewhere around the globe (

Montreal Montreal is the List of towns in Quebec, largest city in the Provinces and territories of Canada, province of Quebec, the List of the largest municipalities in Canada by population, second-largest in Canada, and the List of North American cit ...

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

, and

Dubai Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis ...

amongst others. The Group concentrates on three main divisions:

, and

Controversy

In September 2024, Swiss financial market regulator FINMA announced that it had confiscated CHF 12.7 million from Mirabaud for breaches of financial market law and money-laundering obligations. FINMA said that its investigations "revealed that the Mirabaud inadequately reviewed and documented the beneficial ownership and economic background of numerous transactions despite indications of increased money-laundering risks in particular in connection with qualified tax avoidance and concrete warnings since 2018 concerning the relevant client relationships".

Sponsorship

Since 2005 Mirabaud is the main sponsor of the Bol d’Or Mirabaud – the longest fresh water sailboat

regatta Boat racing is a sport in which boats, or other types of watercraft, race on water. Boat racing powered by oars is recorded as having occurred in ancient Egypt, and it is likely that people have engaged in races involving boats and other wa ...

in Europe that is held annually on

Lake Geneva Lake Geneva is a deep lake on the north side of the Alps, shared between Switzerland and France. It is one of the List of largest lakes of Europe, largest lakes in Western Europe and the largest on the course of the Rhône. Sixty percent () ...

. In 2019, to celebrate its 200th anniversary the bank made the Geneva Museum of Modern Arts free to all visitors.

References

External links

* {{Authority control Banks of Switzerland Banks established in 1819 Companies based in Geneva Private banks Asset management companies