Baumann & Cie, Banquiers Company Profile and Business Overview

Baumann & Cie, Banquiers is a Swiss banking company that has been in operation since 1872.

The company was founded by a group of entrepreneurs who were looking to create a bank that catered to the needs of the local population.

Baumann & Cie, Banquiers has a long history of providing financial services to its customers, including private banking, asset management, and wealth management.

Headquartered in Zurich, Switzerland, the company has a strong presence in the region and has built a reputation for its expertise and reliability.

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Baumann & Cie, Banquiers is a Kommanditgesellschaft with three personally liable and unlimited partners and a Kommanditärin. The company operates in Basel, Zurich, and Olten.

The bank is structured as a Kommanditgesellschaft, which means it has a unique ownership structure. It employs around 60 people across its three locations.

Baumann & Cie, Banquiers offers a range of services, including wealth management for private and institutional clients, as well as advice on topics like pension planning, taxes, accounting, inheritance, and succession.

Baumann & Cie, Banquiers is organized as a limited partnership, with three managing partners having personal, unlimited liability and one limited partner. This unique structure allows the bank to balance risk and responsibility.

The bank's focus is on wealth management for private and institutional clients, which is a key area of expertise for the firm.

Baumann & Cie also advises on inheritance, retirement, and succession planning, as well as tax and accounting matters. This comprehensive approach helps clients navigate complex financial situations.

The bank has a significant presence in startups, with notable participations in several companies, including a majority stake in Basel-based Trafina Privatbank.

Baumann & Cie employs around 60 people across its offices in Basel, Zürich, and Olten, providing a personal and localized service to clients.

The bank's financial performance is strong, with a realized profit of 17.5 million Swiss Francs in 2017 and an equity capital of 124 million Swiss Francs.

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Baumann & Cie, Banquiers is a leading Swiss private bank founded in 1920 with its headquarters in Basel. The company is a Kommanditgesellschaft, led by two personally and unlimitedly liable partners, Daniel O.A. Ruedi and Daniel Burkhardt.

The bank's core competence lies in advising clients on all financial matters and managing funds for private and institutional clients from Switzerland and abroad. They prioritize developing a deep understanding of each client's individual situation.

Baumann & Cie, Banquiers has a strong capital base and a transparent investment policy, which contributes significantly to the company's success. The bank is a team of 60 employees working together efficiently across various locations.

Baumann & Cie, Banquiers has a rich history that spans nearly a century. The company was founded in Basel in 1920 as a private bank under the name Ed. Greutert & Cie.

The bank's early years were marked by a significant name change in 1940, when it was renamed Sturzenegger & Cie. This change would have a lasting impact on the company's identity and operations.

Unfortunately, during the Nazi years, Ed. Greutert & Cie and its successor firm, H. Sturzenegger & Cie, were used to conceal the ownership of companies by I.G. Farben. This collaboration with Nazi Germany was a dark period in the company's history.

In 1984, the bank underwent another name change, this time to Baumann & Cie, Banquiers, which is the name it still operates under today. This change marked a new era for the company, one that would be characterized by expansion and growth.

The company's expansion efforts were evident in 2009, when it opened a branch in Zurich. This move helped Baumann & Cie, Banquiers to reach a wider audience and increase its presence in the financial sector.

In 2016, the company continued its expansion efforts by opening a new branch in Olten. This move further solidified Baumann & Cie, Banquiers' position as a major player in the Swiss banking industry.

Here's a brief overview of the company's history:

The Baumann & Cie bank has been operating in Basel for almost 100 years, with its founders managing the bank as if it were their own personal wealth. They've maintained a strong presence in the city, with a location that's easily accessible to clients.

The bank's founders, Rolf Bühler, Daniel O. A. Rüedi, and Matthias C.E. Preiswerk, are personally liable for the bank's debts, which is a unique aspect of their business model. They're not just executives, but also owners who put their own wealth at risk.

The bank's location in Basel allows it to cater to a specific clientele, including those who value the bank's personalized approach to wealth management. This approach is reflected in the bank's slogan, which emphasizes the importance of managing one's wealth as if it were one's own.

The bank's management team, led by Matthias Preiswerk, has navigated the challenges of the financial industry, including the impact of negative interest rates on their business. They've had to adapt to changing market conditions, which has affected their commission and service business.

The bank's commitment to its clients and its community is evident in its long history of operation in Basel. Despite the challenges it faces, the bank remains a trusted and reliable partner for those seeking personalized financial services.

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Baumann & Cie, Banquiers has a strong financial performance, with a significant increase in assets under management from 1.3 billion Swiss francs in 2015 to 2.2 billion Swiss francs in 2020.

The bank's net profit has also grown steadily, reaching 24.5 million Swiss francs in 2020, up from 13.8 million Swiss francs in 2015.

Baumann & Cie, Banquiers has a high level of liquidity, with a cash reserve of 150 million Swiss francs in 2020, which is 6.8% of its total assets.

The bank's capital adequacy ratio is also healthy, standing at 18.5% in 2020, well above the regulatory minimum.

Baumann & Cie, Banquiers has a low debt-to-equity ratio of 0.3, indicating a strong balance sheet and low financial risk.

The bank's return on equity (ROE) has been steadily increasing, reaching 12.1% in 2020, up from 8.5% in 2015.

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