Banque Bonhôte

Banque Bonhôte & Cie SA, which was founded in Neuchâtel in 1815, is a Swiss private bank active in financial and wealth management, its core business.

Banque Bonhôte & Cie SA
Public
IndustryPrivate banking, Wealth management, Institutional asset managements
GenrePrivate bank
Founded1815
Headquarters
Neuchâtel
,
Switzerland
Number of locations
Neuchâtel, Biel-Bienne, Geneva, Bern, Lausanne
Key people
Jean Berthoud (Chairman)
ProductsPrivate Banking
Number of employees
51-200 employees
Websitehttp://www.bonhote.ch/

History

In 1815, Louis Petitmaître established the first private bank in Neuchâtel.[1] He was succeeded by his son Louis in 1872.[1] Twenty-three years later, in 1895, the latter’s cashier joined forces with Paul Bonhôte to open Banque Antenen Bonhôte & Cie, which became Banque Bonhôte & Cie in 1903.[2]

In 1936, Claude Bonhôte succeeded his father, taking the helm at the Bank until 1988, when he sold it to a local financial and industrial holding company.[2]

In 1992, Jean Berthoud and a group of partners bought out the Bank returning it to private hands. As from this date, he took over the general management of the bank before becoming Chairman of the Board. Jean Berthoud, therefore, follows the family steps whose own private banking heritage dates back to 1785.[3]

In 2014, Yves de Montmollin takes over the management of the bank. The executive team consists of Yves de Montmollin, CEO, Jean-Paul Jeckelmann, Olivier Vollenweider and Robin Richard.[4]

Location

The head office of the Bank is in Neuchâtel. It has branches in Bienne since 2004, Geneva since 2009, Bern since June 2011 and Lausanne since 2016.

Activities

The Bonhôte Group comprises:

  • Banking services provided through Banque Bonhôte & Cie SA.
  • Advisory and Administration services provided through Bonhôte Services SA, Bonhôte Trust SA and BT Swiss Trustee SA.

Each company operates independently both within and outside the Group (own clients and principals). In 2006, the Bank launched the Bonhôte-Immobilier Real Estate Fund, which later took over the struggling Dynamic Real Estate Fund (DREF). Since the takeover, Bonhôte-Immobilier is one of the largest funds in western Switzerland, with assets of around CHF 900m in 2017.[5]

Board of Directors and management team

In 1999, the Board of Directors included the former MP Yann Richter (Free Democratic Party), the former head of the Swiss National Bank, Jean Zwahlen, a director of Paribas and the Union Bancaire Privée, and Erwin Meyer, a business lending specialist.[6] Nicolas Wavre, founder of Etel, in Môtiers, was chairman of the board until the end of 2009. He was succeeded by Jean Berthoud, principal shareholder of the Bank, who resigned as CEO at the end of 2009 to become Chairman of the Board. Thomas Lötscher was appointed the new CEO.[4]

References
  1. Allanfranchini, Patrice (2015). 200 ans à façonner l'avenir : 1815-2015. Le Locle: G d'Encre. p. 9. ISBN 9782940501427. OCLC 1041234180.
  2. Volorio Perriard, Myriam. "Bonhôte". Historical dictionary of Switzerland (in French).
  3. Allanfranchini, Patrice (2015). 200 ans à façonner l'avenir : 1815-2015. Le Locle: G d'Encre. pp. 28–29. ISBN 9782940501427. OCLC 1041234180.
  4. Farine, Mathilde (20 February 2014). "Bonhôte nomme un nouveau directeur général". Le Temps (in French).
  5. "Le fonds Bonhôte-Immobilier offre le choix d'un dividende en titres". www.agefi.com (in French). L'AGEFI. Retrieved 2018-06-25.
  6. Coudret, Paul (2 July 1999). "Bonhôte & Cie, ou le sens de l'artisanat bancaire haut de gamme". Le Temps (in French).
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