Subsidiary | |
Traded as | SIX: EFGN |
Industry | Financial Services |
Founded | 1995 |
Headquarters | Zürich, Switzerland |
Area served
|
Europe, Asia Pacific, the Americas, Middle East |
Key people
|
John A. Williamson (Chairman) Joachim H. Strahle (CEO) |
Products | Private banking |
CHF 722 million (2016) | |
CHF 339.3 million (2016) | |
AUM | CHF 144.5 billion (2016) |
Total assets | CHF 42.319 billion (2016) |
Total equity | CHF 2.257 billion (2016) |
Number of employees
|
3.752 (2016) |
Parent | EFG Bank European Financial Group |
Website | EFG International |
EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses currently operates in around 40 locations worldwide, with about 3,750 employees at end 2016.
EFG (European Financial Group) International was formed in 1995 by Jean Pierre Cuoni Lawrence D. Howell, Baron Corso von Habsburg and five others. The genesis of the bank was by the acquisitions of both the right to operate from the Zurich office of Banque de Deposits and the Swiss operations of the Royal Bank of Scotland.
EFG International's largest shareholder is EFG Bank European Financial Group, a Swiss bank based in Geneva, holding about 44% of its capital. This is in turn a distinct and separate sub-group of European Financial Group EFG (Luxembourg) (“EFG Group”), based in Luxembourg. In addition, BTG Pactual holds 30% of EFG International and a further significant stake is held by leadership, management and Client Relationship Officers.
EFG Bank is EFG International’s main Swiss private banking subsidiary. EFG Bank is headquartered in Zurich, and has branches and representative offices across Europe, Asia Pacific, the Americas and 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.
The family's largest holding is its EFG Bank European Financial Group in Luxembourg, a private banking group that operates in many jurisdictions. The Group holds over 44% of EFG International, a global private banking group offering private banking and asset management services, listed in Switzerland on the Zurich Stock Exchange. EFGI's group of private banking businesses operates in around 40 locations worldwide, with 3,752 employees and manages CHF144,5 bn of client assets as at 31 December 2016.
Financial performance as at end 2016: