Banque Cramer
Banque Cramer & Cie SA, headquartered in Geneva, is a Swiss private bank specializing in asset management.
The bank has further locations in Lugano, Zurich, and Dubai. Banque Cramer & Cie is wholly owned by the Geneva-based Norinvest Holding SA, which also holds a majority stake in Golay-Buchel Holding S.A. as a second business pillar.
History
The company was founded in 1931 by François Cramer as the asset management firm Cramer & Wagnière, and was later renamed Cramer & Cie. François Cramer descended from the Cramer family, resident in Geneva since 1634, which produced several bankers over the generations. The present-day bank cites on its website Pierre Cramer, who was listed in the French Royal Almanach in 1706 as one of the important bankers of the French royal household.[1]
In 2002, Cramer & Cie merged with CFN Compagnie Financière Norinvest and was converted into a joint-stock company. In March 2003, the Swiss Federal Banking Commission granted Cramer & Cie SA a banking licence.
On 1 January 2010, Banque de Patrimoines Privés Genève BPG SA, which had previously been fully acquired by Norinvest Holding SA, was merged into the bank. In 2014, Valartis Bank Schweiz was acquired, followed by AM&C Finance SA in Lugano in 2019.
In May 2014, it became known that Banque Cramer would acquire the Swiss banking subsidiary of the SIX Swiss Exchange-listed Valartis Group AG, namely Valartis Bank AG, as well as Valartis Wealth Management SA.[2] The share purchase was made in cash. In return, Valartis Group acquired an approximately 25 percent stake in the parent company Norinvest Holding and received one seat each on the boards of directors of Norinvest Holding and Banque Cramer.[2][3] The transaction required approval from the Swiss Financial Market Supervisory Authority (FINMA) and was expected to be completed in the second half of 2014.[3] As a result of the acquisition, Banque Cramer's client assets under management rose to approximately 4.8 billion Swiss francs.[2] Operational and IT integration was scheduled for 1 September 2014.[4]
Since summer 2025, Jérôme Savioz has served as interim CEO. He previously served as CFO of the Geneva-based bank REYL & Cie. Since autumn 2025, former UBS senior executive and SEBA board member Reto Kunz has served as Chairman of the Board of Directors of Banque Cramer, succeeding Massimo Esposito, who stepped down from the chairmanship due to age.
In 2025, Banque Cramer was named "Boutique Bank of the Year" at the 10th Annual Private Banking Awards Switzerland, held in Zurich, as reported by industry analysis firm GlobalData.[5] The bank's investment proposal was also shortlisted among the top three in the "Best Boutique Private Bank" category at the inaugural Citywire Switzerland Private Banking Awards.
External links
Website of Banque Cramer & Cie SA Barbara Roth: Cramer (GE). In: Historical Dictionary of Switzerland
References
- ↑ "Banken Schweiz: Liste der Banken in der Schweiz". www.schweizer-banken.info. Retrieved 2026-09-16.
- ↑ 2.0 2.1 2.2 "Banque Cramer schluckt Valartis Bank". Handelszeitung. 16 May 2014. Retrieved 9 June 2026.
- ↑ 3.0 3.1 "Valartis Schweiz geht in Genfer Hände über". finews.ch. 16 May 2014. Retrieved 9 June 2026.
- ↑ "Verkauf der Valartis Bank an Norinvest-Tochter Banque Cramer erfolgt". Neue Zürcher Zeitung. 29 August 2014. Retrieved 9 June 2026.
- ↑ "Winners of the 10th Annual Private Banking Awards Switzerland announced". GlobalData. 4 December 2025. Retrieved 16 September 2026.
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