Evolution in the Swiss market

Bank Degroof Petercam has sold its minority stake in the Swiss bank Landolt & Cie. This transaction is an important step to open the way for a further autonomous, fully-fledged and ambitious development of the group’s activities in Switzerland through its 100% subsidiary Petercam Banque Privée. The entity has been active in Switzerland since 1968.

We  aim to remain and  expand our reference status as a private bank offering the expertise and knowhow of Degroof Petercam group in the Swiss market”, says Philippe Masset, CEO Bank Degroof Petercam.

Alexandra Niehe

Head of corporate communications

Thomas Van Rompuy

Senior Executive Advisor - media relations, economics, Bank Degroof Petercam

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About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house built on more than 150 years of integrated financial knowledge. Private and institutional investors, as well as corporates trust us for our strong investment convictions and for our continuum of services in private banking, asset management, investment banking and fund servicing.

On December 31, 2023, total assets amounted to 74 billion euros. More than 1,500 experts are committed to our clients through offices in Belgium, Luxembourg, France, Switzerland, Spain, the Netherlands, Germany, Italy, Hong Kong and Canada. As employer and investor, we create responsible prosperity for all by opening doors to opportunities and accompanying our clients with expertise.

Degroof Petercam is owned by Indosuez Wealth Management and by its historical minority shareholder CLdN Cobelfret. Degroof Petercam benefits from the vast expertise and international network of Indosuez and the Crédit Agricole group, the world's 9th largest bank (The Banker, 2024).
 

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