| Industry | Financial services |
|---|---|
| Founded | 1755 |
| Founder(s) | Johann Jacob Leu |
| Headquarters | Zurich, Switzerland |
| Key people | Peter Eckert (Chairman) |
| Products | Private banking |
| Website | www.claridenleu.com |
Clariden Leu is a Swiss private bank based in Zurich, Switzerland. Following the merger of the four Credit Suisse private banks: Clariden Bank, Bank Leu, Bank Hofmann, and BGP Banca di Gestione Patrimoniale together with the securities dealer Credit Suisse Fides on January 26, 2007, Clariden Leu is one of the largest private banks in Switzerland.[1]
Clariden Leu, which managed 96 billion francs in assets at the end of 2010, saw clients withdraw a net 1.1 billion francs over the past two years. That compares with Credit Suisse’s targets for its private banking business as a whole to add at least 6 percent of assets under management in net new money annually. Clariden Leu posted pretax earnings of 260 million francs last year on revenue of 1.07 billion francs.[2]