Bank Lombard Odier & Co
The Lombard Odier Group is an independent Swiss banking group based in Geneva. Its operations are organised into three divisions: private banking (wealth management), asset management, and IT and back and middle office services for other financial institutions. In 2022, the bank had total client assets of CHF 296 billion, which makes it one of the biggest players in the Swiss private banking sector.
| Company type | Corporate partnership (société en commandite par actions) |
|---|---|
| Industry | Private banking |
| Predecessor | Lombard, Odier & Cie; Darier, Hentsch & Cie. |
| Founded | 2002 (11 January 1796, 1876) |
| Founder | Henri Hentsch, Jean-Gédéon Lombard |
| Headquarters | Geneva, Switzerland |
Key people | Hubert Keller, Frédéric Rochat, Denis Pittet, Alexandre Zeller, Jean-Pascal Porcherot, and Alexandre Meyer. |
| AUM | CHF 296 billion (2023) |
Number of employees | 2,720 (2022) |
| Capital ratio | 32% |
| Rating | Fitch: AA− |
| Website | www.lombardodier.com |
The group was formed in the summer of 2002, as Lombard, Odier, Darier, Hentsch & Cie, by the merger of Lombard, Odier & Cie and Darier, Hentsch & Cie. As the latter was originally founded in 1796, the group has a claim to being the oldest private bank in Geneva. The company name was simplified to Lombard Odier Group in 2010, although the firm continues to include on its official logo the names of the four founding partners.
Since 2014, the bank has held the status of Limited Liability Company (LLC). The Lombard Odier Group is a legal holding company under Swiss law, bearing the name Lombard Odier Company SCmA since 2016. This holding company owns all firms belonging to the group, most notably the bank Lombard Odier & Cie SA, and Lombard Odier Asset Management (Europe) Limited in London, which forms the asset management branch of the group. Lombard Odier Investment Managers (LOIM) is the name the group is known by in the international field of asset management.
Outside of Switzerland, the group has branches in Europe, the Americas, Asia and the Middle East. Including its network of collaborators, the group has around 2,720 employees worldwide in 2022.