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Date of last update: June 30, 2025

• The bank opens savings (investment) accounts.
• Its core business is asset management for private and institutional (financial) investors.
• Accounts can be opened in Switzerland by meeting a bank representative in person.
• The minimum balance set by the bank for target clients is from 2,000,000 USD or equivalent. However, the bank also opens accounts with smaller amounts, but only under discretionary portfolio management (investment in Pictet Funds).
• Account opening timeframes are case by case (please check with your consultant).
• The bank operates through its offices in Geneva, London, and Singapore and is ready to open accounts in all these locations.

Some time ago, at Geneva airport, you might have seen a billboard advertising the services of four banks at once. Such joint branding cooperation is quite rare, and in banking is almost unique. I will follow this path and give a collective characteristic of these banks. The first question that comes to mind is: what unites these financial institutions? The answer will characterize all of them together and each individually. They are: Bordier & Cie, Lombard Odier Darier Hentsch & Cie, Mirabaud & Cie, and Pictet & Cie.

The first thing that stands out is the suffix “Cie”, which ends all their names and rarely appears in typical company form abbreviations (Ltd, Corp, LLC, LLP, SA, AG, GmBH, NV, NB, KFT, RT, AB, OY, etc.). This is because the suffix “Cie” indicates a legal form implying unlimited liability of partners for the company's debts. This explains its rarity and simultaneously underlines the reliability and stability of the bank.

Speaking of reliability, any mention of it today tends to cause a bitter smile at best — which may turn into raised eyebrows if you pay attention to the founding dates of these financial institutions: 1844, 1796, 1819, 1805. The threshold level is around 500,000 to 1,000,000 CHF.

Finally, employees of these banks usually come after having gone through an “internship” or “school,” so to speak, at their more “established” siblings who top the Swiss banking system’s rankings. The bank focuses on traditional investment operations for clients, where considerable variability is observed.

On January 1, 2014, the private bank Pictet was transformed into a corporation and announced the size of its assets at 35.1 billion CHF, including 1 billion CHF of own funds.