Inside Pictet during the Covid-19 pandemic
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70374945-DAC7-4FDC-865A-F1C68A1FFB58 Created with sketchtool.

The Covid-19 pandemic has led to a seismic shift in how we work and interact with each other. It has also been a test of Pictet’s resilience and adaptability, with some of us working in almost empty offices while others are in lockdown and working from home. As we move forward, we will implement new processes and different ways to connect and work with our colleagues – all driven by our desire to serve and build responsible partnerships with our clients.

Footage for this video was filmed throughout the pandemic starting in March. Some of it has been part of Pictet’s communication with staff during this time.

The Pictet Group

  • CHF 696 BN

    Assets under management or custody

    (in CHF)

  • USD 746 BN

    Assets under management or custody

    (in USD)

  • EUR 644 BN

    Assets under management or custody

    (in EUR)

  • 30

    Offices in financial centres worldwide

  • 4900 +

    Full-time equivalent employees

(Figures as of 30 September 2021)

Learn more about the Partners of the Pictet Group

Pictet announced first-half 2021 figures

18 August 2021

The Pictet Group released unaudited figures for the first half of 2021 showing operating income of CHF 1.542 million (+16 compared to the first half of 2020), total expenses before tax of CHF 1’077 million (+7%) and a consolidated net profit of CHF 636 million (+142%).

The net results include an extraordinary gain from the sale and lease back transaction that Pictet executed during the first quarter of the year concerning its main building in Geneva. The proceeds from this transaction will allow Pictet to self-finance the expansion of its headquarter footprint with the construction of a new building in Geneva planned for 2025. The operating result, which excludes this one-off gain, was CHF 464 million (+45% compared to the first half of 2020).

Assets under management or custody stood at CHF 690 billion at 30 June 2021, compared with CHF 609 billion at 31 December 2020. The Group’s regulatory capital ratio remains solid. At 30 June 2021, the 22.2% total capital ratio was comfortably above the 12% FINMA requirement, based on CHF 2.73 billion regulatory capital.

Financial Report for the half-year ended 30 June 2021

Financial summary

  • CHF 2.89 BN

    Operating income

  • CHF 577 m

    Consolidated profit

  • CHF 609 BN

    Assets under management or custody

  • 20.6 %

    Core tier 1 capital ratio

  • 182 %

    Liquidity coverage ratio

(Figures as of 31 December 2020)

Pictet’s corporate ratings | Annual Review 

Global presence

Global presence
Offices with booking centre