To help rebuild its assets, UBP bought over the past two years the Swiss arm of Dutch bank ABN AMRO, and Paris-based hedge fund Nexar Capital Group.

FORBES: Hedge Fund Pioneer Edgar De Picciotto Is A Billionaire

As befits a Swiss bank, UBP keeps an ultra discreet and risk-averse profile, with liquidity exceeding regulatory requirements, but in 2008 it shocked the banking establishment when its clients emerged as major victims of swindler Bernard Madoff.

FORBES: Hedge Fund Pioneer Edgar De Picciotto Is A Billionaire