Our Business

VIEL & Cie has held a 40% stake in SwissLife Banque Priv√©e since August 2007. The development of the Group’s private banking activities continued in 2023.

This investment is consolidated in VIEL & Cie’s accounts using the equity method.

With its subsidiary SwissLife Gestion Privée, SwissLife Banque Privée has four main activities:

  • private banking services for direct clients;
  • an “assur-banque” type retail banking activity aimed at individual and professional customers of the SwissLife France group through its distribution networks;
  • a retail banking activity aimed at individual customers of Partenaires Conseillers en Gestion de Patrimoine Ind√©pendants;
  • a securities custody business for companies in the SwissLife France group, and as custodian for mutual funds managed by SwissLife Asset Management (France) and its subsidiary SwissLife Gestion Priv√©e.

At the end of 2023, the SwissLife Banque Priv√©e group’s activities will total more than 7.4 billion euros in assets under custody.

This division will generate net banking income of 129.8 million euros in 2023. The company records a profit of 46.8 million euros in 2023.