Banque Piguet & Cie
| Banque Piguet & Cie SA | |
|---|---|
| Country |
 Switzerland
|
| Seat | Yverdon-les-Bains |
| legal form | Corporation |
| founding | 1856 |
| resolution | 2011 |
| management | |
| Corporate management |
Claude Figeat |
The Banque Piguet & Cie SA , based in Yverdon-les-Bains was a Swiss private bank . Her core activities included asset management , private banking and the investment fund business .
The bank employed around 150 people and managed client assets of 5.7 billion Swiss francs. Most recently it was majority owned by Banque Cantonale Vaudoise , which acquired the bank in 1991 from the Piguet banking family .
history
The banking house was founded in Yverdon in 1856 by Louis Michod. In 1888 his son-in-law, Alfred Piguet, became a partner and took over management of the company. At the same time, the institute was transformed into Banque Alfred Piguet & Cie. renamed. In 1893, Alfred Piguet's brother Armand Piguet also joined as a partner. This later took an important role in economics and politics, among other things as a national councilor .
With Alfred Piguet's eldest son Charles Piguet, the third generation joined the company in 1927. The younger son Robert Piguet, on the other hand, got into the fashion business and founded a fashion house in Paris, from which well-known names such as Christian Dior , Hubert de Givenchy and Pierre Balmain emerged .
When Charles Piguet was called up as a major in the cavalry during the Second World War , his wife Germaine took over the management of the banking institution. At the same time, she campaigned for humanitarian aid in France and was awarded the Legion of Honor by the then French President Vincent Auriol in 1950.
In 1945, Denis Piguet, son of Charles Piguet, was the fourth generation to join the company. He became a partner alongside his father in 1962. Between 1979 and 1991 the institute was headed by Olivier Piguet.
Until then, the bank had been completely family-owned for four generations, the owners of which had unlimited liability as partners. In 1991 the Banque Cantonale Vaudoise took over 80 percent of the capital, later increased to 85 percent, and converted the bank into a stock corporation .
In 2011, the merger with Banque Franck, Galland & Cie , based in Geneva , was renamed Piguet Galland & Cie .
Web links
- Alain Clavien: Piguet, Armand. In: Historical Lexicon of Switzerland .
- Gilbert Marion: Piguet, Charles. In: Historical Lexicon of Switzerland .
Individual evidence
- ↑ Entry in the commercial register of the canton of Vaud , accessed on February 19, 2014