Type Subsidiary Industry Financial Services Area served Europe Headquarters Zürich, Switzerland | Traded as SIX: EFGN Founded 1995 (1995) Assets under management 94.2 billion CHF (2015) | |
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Key people Niccolò H. Burki (Chairman)
Joachim H. Strahle (CEO) Stock price EFGN (SWX) CHF 5.97 +0.19 (+3.29%)8 Mar, 5:31 PM GMT+1 - Disclaimer Subsidiaries BSI Ltd, EFG Wealth Management Ltd. Parent organization EFG Bank European Financial Group Profiles | ||
Efg international developed the new banking system with ciklum team
EFG International is a multinational Swiss 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 45 locations worldwide, with about 12,000 employees.
Contents
History
EFG (European Financial Group) International was formed in 1995 by Jean Pierre Cuoni and Lawrence D. Howell, 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.
Structure
EFG International's largest shareholder is EFG Bank European Financial Group, a Swiss bank based in Geneva, holding about 56% of its capital. This is in turn a distinct and separate sub-group of EFG Group, based in Luxembourg. In addition, a 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 and the Americas. EFG International has a number of other private banking subsidiaries including EFG Private Bank Limited in the UK and EFG Capital in the US.
Performance
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 50% of EFG International listed in Switzerland on the Zurich Stock Exchange, which is a global private banking group offering private banking and asset management services. EFGI's group of private banking businesses operates in around 30 locations worldwide, with 2,059 employees and manages CHF93.5bn of client assets as at 31 December 2014.
Financial performance as at end 2014:
Executive committee
All facts are taken from EFG's Annual Report 2012