A true pioneering private banking giant, Edgar de Picciotto established Union Bancaire Privee in Geneva many years ago, before sadly dying in 2016 aged 86.
Born in Lebanon, the legendary Edgar, a descendant of Jewish-Syrian traders who originated in Portugal, set up what would become UBP in 1954, as the family looked to banking as its future, becoming a mainstream Swiss private bank over the succeeding years.
In a long career, he was one of the first Swiss bankers to see the potential in hedge funds investing. Bravely, UBP forked out $500 million in settlements after the Madoff debacle.
His son Guy took over a...
