VIEL & Cie has held a 40% stake in SwissLife Banque Privée since August 2007.
This interest is consolidated in the financial statements using the equity method.
SwissLife Banque Privée and its subsidiary, SwissLife Gestion Privée, have four core businesses:
- private banking, providing services to direct clients,
- retail banking in the “bancassurance“ field, catering to private and business customers of the SwissLife France Group through its distribution networks,
- retail banking, for private customers of Partenaires Conseillers en Gestion de Patrimoine Indépendants,
- custodian services, for companies of the SwissLife France Group, and depository services for Sicavs managed by SwissLife Asset Management (France) and by its own subsidiary, SwissLife Gestion Privée.