History of Pictet
Since the early 19th century, Pictet & Cie has been a mainstay of Geneva's financial sector and its history is closely linked to that of the city. Thanks to its exceptional financial solidity, the Bank has consistently received excellent ratings from the most reputable credit rating agencies in the industry. |
|
The early years of Pictet & Cie
|
 "Banque de Candolle Mallet & Cie" was founded on 23 July 1805. At that time, it had two managing partners, Jacob-Michel-François de Candolle and Jacques-Henry Mallet, as well as three limited partners, Jean-Louis Mallet, brother of the former, Paul Martin and Jean-Louis Falquet. The fledging bank was located at the Cour St-Pierre until 1819.
In 1926, the Bank changed its name to "Pictet & Cie". |
| |
|
The 20th century
|
 Following a period of relative stagnation marked by the Depression of the 1930s and two World Wars, the Bank began to develop extensively from the 1950s as the Western world entered a prolonged period of prosperity and economic growth.
Geneva became one of the world's leading diplomatic and financial centres. |
| |
|
Into the 21st century
|
 Proud of having stood the test of time, the Bank celebrated its bicentennial in 2005 after weathering the storm of political upheavals and financial crises for over two hundred years.
One year later, another milestone was reached with the inauguration of the Bank's new headquarters at 60, Route des Acacias in Geneva.
In 2008, the Bank launched the Prix Pictet, the world's first and premier photographic prize dedicated to the theme of sustainable development.
In 2009, Pictet & Cie employed more than 3,000 people worldwide and had approximately 388 billion Swiss francs in assets under management and administration. |
| |
