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Falcon Private Bank Ltd. (formerly AIG Private Bank Ltd), headquartered in Zurich, is an experienced Swiss private bank specialised in wealth management for private clients, wealthy families and institutional investors. The global clientele benefits from more than 40 years of expertise in Swiss private banking and the financial strength and government–backed stability of our owner Aabar Investments PJSC. Falcon Private Bank has branches and representative offices in Geneva, Hong Kong, Singapore, Shanghai and Dubai.
Aabar Investments PJSC is a global investment company listed on the Abu Dhabi Securities Exchange. Aabar’s mandate is to invest across industry sectors in attractive opportunities with significant long-term growth potential. International Petroleum Investment Company, an investment company wholly owned by the Government of Abu Dhabi, owns 71% of the shares in Aabar.
The acquisition of AIG Private Bank Ltd. by Aabar Investments PJSC (Aabar) has been completed. As of today, AIG Private Bank will conduct its business under the new name Falcon Private Bank Ltd. The independent financial institution, wholly owned by Aabar, and headquartered in Switzerland, specialises in wealth management services for an international base of private clients, wealthy families and institutional investors.
Falcon Private Bank is now an independent financial institution,
wholly owned by Aabar, headquartered in Switzerland along with branches
and representative offices in Geneva, Hong Kong, Singapore, Shanghai
and Dubai. Aabar is committed to grow the business further with
a particular focus on providing wealth management services to private
clients, wealthy families and institutional investors in Switzerland,
Asia and the Middle East.
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Acquisition of AIG Private Bank completed - new name is Falcon Private
Bank
Source: Falcon Private Bank Ltd., 20 April 2009