EFG International

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EFG International AG

logo
legal form Corporation
ISIN CH0022268228
founding 1995
Seat Zurich , SwitzerlandSwitzerlandSwitzerland 
management Peter A. Fanconi ( Chairman of the Board of Directors )
Giorgio Pradelli ( CEO )
Number of employees 3,151 FTE
sales 1.17 billion francs (2019)
Branch Financial services
Website EFG International
As of December 31, 2019

EFG International (EFGI) is a global private banking group based in Zurich. Your three business areas are private banking , investment advice and asset management . The private banks grouped under EFG International are active worldwide with more than 3,000 employees (as of the end of 2019) in around 40 locations.

history

EFG (European Financial Group) International was founded in 1995 by Jean Pierre Cuoni, Lawrence D. Howell and five other people. The bank was created by acquiring both the right to operate from the Zurich branch of Banque de Deposits and the Swiss business of the Royal Bank of Scotland.

structure

The EFG International shares are listed on the Swiss stock exchange SIX Swiss Exchange listed . The largest shareholder in EFG International is the EFG Bank European Financial Group, a Swiss bank based in Geneva, with a stake of around 43.7% of the share capital. This in turn is an independent and separate sub-group of the Luxembourg-based European Financial Group EFG (Luxembourg) (“EFG Group”), which is controlled by the Greek family Latsis . BTG Pactual also owns 29% of EFG International.

EFG International's main Swiss private banking subsidiary is EFG-Bank. The bank, based in Zurich, has branches and agencies in Europe, Asia-Pacific, North and South America and the Middle East. EFG International has a number of other private banking subsidiaries including EFG Private Bank Limited in the UK and EFG Capital in the US.

Results

The family's largest shareholding is their EFG Bank European Financial Group in Luxembourg, a private banking group operating in many countries. It holds over 43.7% of EFG International, a global private banking group that offers private banking and asset management services and is listed on the Zurich Stock Exchange in Switzerland. The private banks grouped under EFGI operate in around 40 locations worldwide. As of December 31, 2019, they employed 3,151 people and managed client assets of CHF 153.8 billion.

Financial results as of the end of 2019:

  • Gross income: CHF 1,170.9 million
  • IFRS net profit: CHF 94.2 million
  • Income-generating managed client assets: CHF 153.8 billion

Management

The management consists of the following six people:

  • Giorgio Pradelli - Chief Executive Officer
  • Renato H. Cohn - Deputy Chief Executive Officer and Head of Investment Solutions
  • Yves Aeschlimann - Group Head of Legal & Compliance
  • Christian Flemming - Chief Operating Officer
  • Dimitris Politis - Chief Financial Officer
  • Ranjit Singh - Chief Risk Officer

Individual evidence

  1. ^ EFG International. Retrieved May 21, 2019 .
  2. ↑ a b c Annual report 2019. Retrieved on February 26, 2020 (English).
  3. ↑ Michael Ferber: Little Hellas outstanding at EFG International . In: Neue Zürcher Zeitung . April 30, 2010 ( nzz.ch [accessed November 25, 2018]).
  4. ↑ Homepage - EFG Group. Retrieved March 18, 2019 .
  5. ↑ Management - EFG International. Retrieved March 13, 2019 .

Coordinates: 47 ° 22 '7.9 "  N , 8 ° 32' 15.1"  E ; CH1903:  683001  /  247027