Pictet & Cie (Europe) S.A.

Pictet & Cie (Europe) S.A. is a Luxembourg-incorporated credit institution within the Pictet Group, focused on private banking, custody, and related investment services for clients in the European Union. It is authorized and supervised by the Commission de Surveillance du Secteur Financier (CSSF) and provides cross-border services under EU passporting, operating within the frameworks of CRR/CRD and MiFID II. The bank’s offering covers discretionary and advisory portfolio management, investment advisory and execution-only dealing, global custody and safekeeping, foreign exchange, Lombard lending secured by investment portfolios, and access to both Pictet Asset Management funds and third‑party products; it also acts as depositary and custodian for Luxembourg-domiciled investment funds. Accounts are typically multi-currency, with SEPA and international payments available, alongside secure e-banking and reporting tools; the institution is not positioned as a mass-market retail bank. Target clients are high-net-worth and ultra-high-net-worth individuals, families, family offices, and certain institutions; onboarding involves full KYC/AML, source‑of‑wealth verification, and suitability assessments, and minimum relationship sizes apply, varying by market and service. Pricing is negotiated and generally includes management fees, custody and transaction charges, foreign-exchange margins, and lending rates and fees. Cash deposits are eligible for protection under Luxembourg’s deposit guarantee scheme (FGDL) up to the statutory limit, while investment business may fall under the investor compensation scheme (SIIL) subject to eligibility and applicable caps; client assets held in custody are segregated under Luxembourg law. The bank adheres to best-execution and conflict‑of‑interest policies, participates in CRS and FATCA reporting, and provides tax reporting packages in selected jurisdictions.