Hottinger & Cie

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Banque Hottinger & Cie SA
Private
Industry Private Banking
Founded 1968 (end in 2015, bankruptcy of the bank)
Founder Henri Hottinger
Headquarters Zurich, Switzerland
Website www.hottinger.com
the Hottinger Family Swiss Coat of Arm
The balcony of the Cercle de la rue Royale in Paris by Tissot. Baron Rodolphe Hottinguer is in the picture, sitting on the sofa, without hat.

Banque Hottinger & Cie SA, is a Swiss private bank headquartered in Zurich that is the successors of the banking firm established in Paris by Hans-Konrad Hottinger (under the name of Banque Hottinguer).

Since its foundation in 1786 Banque Hottinguer has been very active in European economic life. For example, it took part in the creation of Compagnie Générale des Eaux, as well as that of the Insurance company Drouot (at the origin of the group AXA).

Banque Hottinguer in France was sold to Credit Suisse in 1997. Banque Hottinger & Cie SA in Switzerland continued its activities independently. On Oct 26th 2015 the Swiss Financial Market Supervisory Authority (FINMA) has initiated bankruptcy proceedings against the Hottinger & Cie private bank for failing to meet the minimum capital requirement under regulatory law. Frédéric Hottinger resigned shortly before that as Chairman of the Board and now resides in The Bahamas where he partnered with Cyril Vernes at the Lyford International Bank.

In 1991 the Baron Henri Hottinger (1934-2015) sort to diversify the family's wealth management capabilities by establishing Groupe Financière Hottinger & Co onshore in London, Paris and Luxembourg. These businesses were intentionally run as wholly separate businesses from the Swiss Bank, independently capitalised and directly regulated in their respective jurisdictions by CSSF (Commission de Surveillance du Secteur Financier/Financial Sector Monitoring Commission) in Luxembourg and by FCA (Financial Conduct Authority) in UK.

Hottinger & Co (Suisse) - inactive since 2002 - was mentioned in the Panama Papers disclosure as having been connected to 1 intermediary.

See also[edit]

References[edit]

  • Messieurs Hottinguer Banquiers à Paris, Max Gérard, 1968, Tome Premier

External links[edit]