Pictet
Banque Pictet & Cie, a Swiss private bank and financial services group, has established its first office in Africa. The firm received regulatory approval to open a representative presence in South Africa, marking a significant expansion in its over 220-year history. This move occurs as several international banks have reduced their operations in South Africa […]
Pictet, a privately owned wealth manager, has received regulatory approval to establish a representative office in South Africa. The move marks the firm’s first physical presence on the African continent. Assets Under Management Pictet managed 724 billion Swiss francs, approximately $942 billion, in assets at the end of 2024. The firm has a long-standing global […]
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