Swiss Life Banque Privée has registered a Luxembourg branch under the name Swiss Life Banque Privée Luxembourg. At this stage, its stated activity remains strictly preparatory. The document states that the branch constitutes a “preparatory company with a view to establishing a credit institution in Luxembourg pending regulatory approval”. Hervé Mercier Ythier, chairman of the executive board of Swiss Life Private Bank, has been appointed director of the Luxembourg branch.
When contacted, Swiss Life Private Bank stated that it would release strategic information to the public later this year, in the second half of the year. The bank also noted that it would inform the market once the branch is up and running.
Several centres of expertise
A subsidiary of Swiss Life, Swiss Life Private Bank is a leading player in the private banking sector in France. It draws on a range of specialist areas, including wealth management, capital markets, banking services and financial management, to support private investors, business leaders and institutional clients.
As at 31 December 2025, Swiss Life Private Bank reported €8.9bn in assets under management, €58bn in assets under custody and €115m in net banking income. Its corporate brochure also highlights the backing of the Swiss Life Group, founded in 1857, with CHF 288.3bn in assets under management and an SST solvency ratio of 210%.
