About Pictet Group
Founded in 1805 in Geneva, Pictet Group is one of Switzerland's largest private banks, focusing on wealth and asset management for private and institutional clients. It offers services such as investment management, alternative investments, and family office services. In 2024, Pictet experienced a 31% drop in net new money, totaling 11 billion Swiss francs, compared to 16 billion francs the previous year. Despite this decline, Pictet's net profit increased by 15%, reaching 665 million francs. citeturn0news23
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