Wednesday 27 October 2010

Pictet & Cie traces its origins to the foundation of De Candolle, Mallet & Cie in Geneva in 1805.

Pictet & Cie traces its origins to the foundation of De Candolle, Mallet & Cie in Geneva in 1805. Today, Pictet & Cie stands as one of the premier asset management banks in Europe.

Over more than two hundred years, Pictet & Cie has witnessed revolution at its gate, lived through the Depression and weathered many stock market crashes, but it has also experienced periods of headlong growth and speculative bubbles. We have had the good fortune to survive each period successfully. From this odyssey over two centuries, we have learned crucial lessons and, like our predecessors, we remain committed to steering a steady course geared to the long term.

Pictet & Cie's legal structure as a limited partnership, a business whose owners have unlimited and collective liability, encourages us to focus constantly on ensuring the Bank's long-term survival.

For generations, we have had just one vocation: to advise our clients on managing their assets. We have consistently been determined to excel in all lines of business without compromising our integrity.

We are resolved to ensure that our relations with our clients and our staff are founded on a genuine and long-lasting partnership. Our financial strength and ability to expand without having to resort to acquisitions further cement our independence when confronted by short-term demands, temporary fashions and undue pressures.

Our values are firmly rooted in our daily operations. Our size has allowed us to show the professionalism, technical expertise and range of skills of the biggest banking groups, while retaining the nimbleness, flexibility and pioneering spirit of the smallest.

Day in, day out, over two hundred years, we have been committed to ensuring an outstanding service. Our client's satisfaction and loyalty remain the most reliable barometers of our success.

http://www.pictet.com/en/home/about/partners_statement.html

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