Bank J. Safra Sarasin AG
Origin of Bank J. Safra Sarasin AG
Bank J. Safra Sarasin was founded in 1841 in Basel by Johannes Riggenbach. Johannes Riggenbach started his apprenticeship at Bank Ehinger in Basel and moved up the ladder until he was a partner. Since 2012 the bank belongs to the Safra Group. The Joseph Safra family controls the Safra Group. The group owns banks and is involved in the real estate and agricultural business.
Besides J. Safra Sarasin there is Banco Safra in Brazil and Safra National Bank of New York, in the US. In 2017 Bank J. Safra Sarasin hired people from Credit Suisse Monaco and also acquired the private banking business from Bank Hapoalim in Luxembourg and Switzerland. More than 60 nationalities are working with the Safra Group. The fluctuation rate at J. Safra Sarasin is meager. A majority of the staff have worked with the group for most of their business career. Their loyalty and in-depth knowledge is a significant asset to the company.
Do you have a bank account with this Bank? Do you wanna open a Bank Account with this Bank?
🎞️ Then you must watch the following Video first:
Philosophy and Strategy
During the consolidation process of the banking industry, Bank J. Safra Sarasin sees opportunities to obtain selective businesses. The core focus of the bank is their clients to know them and to think about them at all times and to provide them with excellent service. The approach to managing wealth is prudent, and there are strict controls. The perspective is long-term. The bank is on the top concerning capitalization in Switzerland.
The bank has a good liquidity, capital strength and is very flexible. To help clients achieve their performance aims, J. Safra Sarasin is open-minded, thinks globally, has high ethical standards and has innovative solutions. What the clients appreciate is the long-standing sustainability and the track record in strategies and products. The bank’s clients are private individuals and also institutional clients. The bank’s philosophy is that they only invest in products and services the bank would also do for their account. There are three approaches to investment. Firstly, the passive approach, where the aim is to track an index. The second one is a quantitative approach, where models and algorithms are used. The third one is an active approach, where they use fundamental data’s like research, and they also get involved in stock picking.
Do you know that we are the only one worldwide that Analyse all Swiss Private Banks annually?
► Here you can find all Swiss Private Banks
We even created a Study about Swiss Wealth Management Firms and why you not should trust blindly Top Rankings in Financial Magazines.
Services and Solutions
Asset Management is the core service of Bank J. Safra Sarasin. The bank focuses on their in-house asset management and gets involved in solutions and products the bank believes in and where they have excellent knowledge. Special investment teams develop strategies and manage client portfolios around the world. J. Safra Sarasin has a strong focus on Swiss equities, on equities with unique themes, on emerging markets on total return on alternative investments, like real estate or commodities, on fixed income strategies.
Besides the in-house knowledge, the bank gets also involved with external professionals and specialists to ensure the client has the best product available. It doesn’t matter if the products are managed outside or inside the bank, the risk management aspect is essential.
Risk Management
The risk management is an integral part of the bank. The Board of Directors is responsible for the right infrastructure and personnel. The board is responsible for the risk strategy and approves the framework. The risk management is divided into three levels of control. The first level is the operational unit, the second level is an independent control unit, and the third level has internal audit functions. The risk categories can be divided into the following risks: Business and strategic risk, legal and compliance risk, operational and reputations risk, credit risk, liquidity risk and market risk.
“How can you be sure to have chosen the Best Swiss Private Bank among over 200 private banks?”
We find the best private bank for you.
Call us now +41 43 508 24 59
Are you interested in First-Class Information about Private Banking?
Do you want an inside look behind the Secrets of Private Banks?
Then you should sign up in our Private Banking Letter
Mr. Caputo send you personally only from time to time the useful Information that can you save Millions.
Added-Value Services
J. Safra Sarasin uses the most efficient and modern tools to communicate in a bright, interactive and dynamic way with their clients. The bank has a proprietary investment and research framework and is since over 30 years engaged in sustainable investments. The opinions of the top specialist are accessible on the website in real time.
The bank uses videos and presentations to show their clients their current view. J. Safra Sarasin is a founding member of the new sustainable platform under the name of Swiss Sustainable Finance (SSF). J. Safra Sarasin engages in social environment through sponsoring and donations. Bank J. Safra Sarasin provides an E-Service. An online banking platform to carry out the banking transaction anywhere and anytime. J. Safra Sarasin is also an excellent partner for External Asset Managers. They can count on the professionalism and excellent service of the bank.
Bank J. Safra Sarasin AG – Facts & Figures
(Rotate your Mobile Phone for optimal Table-View)
| Address | Elisabethenstrasse 62, 4002 Basel |
|---|---|
| Phone | +41 58 317 44 44 |
| Website | www.jsafrasarasin.ch |
| Year of foundation | 1841 |
| Subsidiaries | – |
| No. of employees | 2’339 |
| Rating | S&P A |
| Chairman | Jürg Haller |
| CEO | Daniel Belfer |
| Eligible Regulatory Capital | 3.128 bn CHF |
| Tier 1 Ratio | 29.40 % |
| Leverage Exposure | 35.589 bn CHF |
| Leverage Ratio | 8.58 % |
| Liquidity Coverage Ratio | 159 % |
| Risk Weighted Assets | 10.642 bn CHF |
| Loans outstanding | 8.499 bn CHF |
| Assets under Management | 169.619 bn CHF |
| Assets under Management / Employees | 72.517 m CHF |
| Net profit | 285.428 m CHF |
| Net Profit / Employees | 122’029 CHF |
| Cost / Income Cost Ratio (CIR) | 61.92 % |
| Return on Equity | 9.23 % |
| Own structured products | Yes |
| Foreigners accepted | Yes |
| Presence abroad | Group: Europe, Middle East, Latin America, Asia |
Source: Annual Report 2021
We are a fully independent boutique law firm. That’s why we don’t have any cooperation agreements with the banks.
Few banks do not disclose their Annual Reports to the public. Therefore, we collected reliable information on a best-efforts basis. We renounced to collecting information from unreliable sources. Until today, Swiss law does not impose the duty of publication to the banks as it is the case in the EU. Therefore, for a few banks, the information from the annual reports was not summarized and published.
There are some smaller banks without a rating. It makes no sense for them to apply for a rating because they are not involved in the lending business. If the bank has no rating, it’s not automatically a negative point. There are excellent private banks without a rating.
If you want results in private banking do the first step now and call us.
One hour after your first call we accompany you in the bank solving your issue.
We act faster than any other big law firm in Zurich.
Get answers now +41 43 508 24 59 or write us an E-Mail.
Who is Enzo Caputo?
► ► ► Click here and learn more about
the Tax Attorney & Financial Lawyer No.1
