Pictet Group
| Industry | Private banking and financial services |
|---|---|
| Founded | 23 July 1805 |
| Founders | Jacob-Michel-François de Candolle and Jacques-Henry Mallet |
| Headquarters | Geneva, Switzerland |
Number of locations | 31 |
Area served | Worldwide |
Key people | François Pictet Laurent Ramsey Elif Aktuğ Raymond Sagayam Marc Pictet Sébastien Eisinger Sven Holstenson |
| Services | Asset management, wealth management, investment funds, asset services and trading |
| CHF 665 million | |
| AUM | CHF 724 billion |
| Total assets | CHF 43.24 billion |
Number of employees | 5,496 |
| Capital ratio | 24.5 percent |
| Rating | Moody's: P-1/Aa2; Fitch: F1+/AA- |
| Website | pictet.com |
The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland. Headquartered in Geneva, it is one of the largest Swiss banks and primarily offers services in wealth management, asset management, and asset servicing, to private clients and institutions.
The Pictet Group employs more than 5,500 people, including 900 investment managers. It has a network of 31 offices in financial services centres, including registered banks in Geneva, Frankfurt, Nassau, Hong Kong, and Singapore.
Pictet does not engage in investment banking, nor does it extend commercial loans. According to its 2024 Annual Review, Pictet had CHF 724 billion of assets under management or custody, with its total capital ratio significantly exceeding the levels demanded by Swiss regulators. Banque Pictet & Cie SA is rated Prime-1/Aa2 by Moody's, and F1+/AA- by Fitch.