The following is a list of banks incorporated in Monaco :
This is based on official lists of banks registered in Monaco available at the Official Government Portal of Monaco and Monaco Bankers' Association and . [1] [2] [3]
Banco Ambrosiano was an Italian bank that collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi, and his membership in the illegal former Masonic Lodge Propaganda Due. The Vatican-based Institute for the Works of Religion, commonly known as the Vatican Bank, was Banco Ambrosiano's main shareholder. The Vatican Bank was also accused of funnelling covert United States funds to the Polish trade union Solidarity and to the Nicaraguan Contras through Banco Ambrosiano.
Edmond J. Safra was a Lebanese-Brazilian banker who continued the family tradition of banking in Brazil and Switzerland. He was married to Lily Watkins from 1976 until his death. He died in a fire that attracted wide media interest, and was judicially determined to be due to arson.
HSBC Continental Europe is a subsidiary of HSBC, headquartered in the 8th arrondissement of Paris.
Bank Jacob Safra (Suisse) AG was a full-service commercial banking institution headquartered in Geneva, Switzerland. As part of the Safra Group of financial institutions, in 2013 it merged with Bank Sarasin & Cie, when that bank was purchased by the Safra Group, with the combined entity being named J. Safra Sarasin.
Marco Piccinini is a Monegasque sport personality, businessman, and politician.
EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses operates in around 40 locations worldwide, with more than 3,073 employees.
Hottinger Group is an international wealth management business headquartered in London providing family office, Investment banking and other associated financial services. Hottinger is known as one of the first private banks, created on 1 August 1786 by the Hottinguer family.
Union Bancaire Privée is a private bank and wealth management firm headquartered in Geneva. UBP is one of the largest private banks in Switzerland, and serves private and institutional clients. The bank was founded in 1969 by Edgar de Picciotto, and is one of the best-capitalized banks in Switzerland, with CHF 160.4 billion of assets under management.
The Edmond de Rothschild Group is a financial institution specialized in private banking and asset management. Based in Geneva, the group is family-owned and independent, and encompasses the Edmond de Rothschild Foundations, the lifestyle brand Edmond de Rothschild Heritage, and sponsors the Gitana Team.
CMB Monaco an international private bank based in Monaco. Established in March 1976 by Banca Commerciale Italiana and its partners, CMB is today wholly owned by Mediobanca, an Italian investment bank.
Rothschild Martin Maurel is a French private bank headquartered in Marseille, with a significant presence in France, Belgium, and Monaco. Its origins date back to 1825.
Banque Internationale à Luxembourg S.A. is the oldest private bank in Luxembourg. It offers commercial and corporate banking services. Since 2018, it has been majority-owned by China-headquartered Legend Holdings.
ODDO BHF is an independent Franco-German financial services group. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specialising in Mittelstand companies. With 2,300 employees, and more than 100 billion euros in assets under management, ODDO BHF operates in three main businesses, based on significant investment in market expertise: private banking, asset management and corporate and investment banking.
Gérard Cohen is a Swiss private banker and patron of the arts. Between 1991 and 2016 he was managing director of HSBC Private Bank in Monaco.
The Banque Worms was a merchant bank founded by Hypolite Worms in 1928 as a division of Worms & Cie. The banking services division provided financing services to other branches of Worms & Cie, which were involved in ship building, shipping and the coal trade. During World War II (1939–45), Worms & Cie was placed under German supervision, and was subject to intense scrutiny after the war on suspicions of collaboration. The banking services division was spun off as the independent Banque Worms et Cie in 1964. The bank was nationalized in 1982 by the socialist government of François Mitterrand. The bank engaged in risky real estate investments, and lost most of its value. After being re-privatized, it was owned in turn by two insurance groups, then was acquired by Deutsche Bank. The bank was wound down in 2004.
Societe Generale de Banque au LibanS.A.L., founded in 1953, is a Lebanese bank. It is a subsidiary of SGBL Group, which operates in Lebanon, and offers banking services in the Middle East, the Gulf and Europe.