Millennium Banque Privée s mission statement is to provide the best investment solutions in the market, matching them to the risk profile of each of

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2 Millennium Banque Privée s mission statement is to provide the best investment solutions in the market, matching them to the risk profile of each of our Clients. We aim for a personalized service that emphasizes trust, flexibility, and clear and effective reporting. José Salgado, General Manager 2

3 About us 3

4 A Swiss Private Bank 100% owned by the Millenniumbcp group Millennium Banque Privée started its activities in 2003 in Geneva, and is currently made up of 70 dedicated and diligent professionals with a vast know-how in Private Banking and Wealth Management. The Bank appeals to an international clientele - Europe, Africa and Latin America - both through Individual Clients and External Asset Managers. (AUM) CHF ML Desk Portugal Desk Greece Desk Brazil Desk Poland Desk EAM Desk Africa E-Banking App PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY Committed to you 4

5 The portfolio composition is not just algorithms. We do Wealth Management: we will always deliver our opinion, our advice and relationship support. Our experience gives us the ability to adapt quickly to market changes. Vitor Santos, Head of Investment Advisory Services PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY 5

6 6 Asset Management: Our Services

7 Discretionary Management The Client entrusts the Bank with a mandate to make investment decisions on his/her behalf in accordance to a pre-set risk profile. 10-year track record Dynamic implementation of house views + Five risk profiles + Pro-active decision on tactical asset allocation + Active management + Diversified and optimized investment strategies + Fund selection supported by a due diligence process + Specialized in macroeconomics and markets analysis + Objective of outperforming the benchmarks 7

8 Advisory Services This service is suitable for Clients with financial market knowledge wishing to participate in their investment s decision-making process. + Tailor made services Achieve Client s objectives within the scope of his risk profile + Pro-active advice on tactical asset allocation + Diversified portfolio + Open architecture and best in class + Constant monitoring of the portfolio + The Client and the Bank as a team 8

9 Execution Services This service is tailored to Clients who have a deep understanding of financial markets and want to decide themselves in what to invest. Client maintains total independence while relying in the Bank's full support on his decision making process. + Access to a broad range of products/markets + A wide range of counterparties + Quick and effective execution + Open architecture platform 9

10 External Asset Management This service is dedicated to External Asset Managers and Family Offices. We serve as a platform to carry out orders, as a technical counterparty and as an advisor. Core/affinity markets: Europe, Africa and Latin America + Focus on Private Banking with a family approach + Fast and easy decision making (account opening, pricing, compliance) + Healthy and transparent financial figures + Independent Investment Advisory services + First-class IT platform + Swiss Private Bank regulated by the FINMA 10

11 Our financial products are sourced exclusively from an open architecture and we do not have any proprietary investments. We distinguish ourselves by being completely independent. Ali Zemouli, Head of Compliance PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY 11

12 12 Bank s Performance

13 Main Highlights 2017 In 2017, the Bank increased the assets under management by 7% in CHF. The financial performance was positive, with Net Operating Income progressing by 9% to CHF 34.3 million and Net Result increasing 20% compared to BILLION CHF 71 % Cost/Income Ratio + 7 % (in CHF) AUMs million compared to December 2016 compared to December

14 Key Financial Data The Bank has a strong core tier one ratio of 69%, well above the Swiss bank s average capital ratios. For details on the Bank s performance and annual reports, please go to our website In Million Assets Under Management Loans Net profit (Swiss Gaap) Equity* Tier One Ratio Number of Staff CHF EUR CHF EUR CHF EUR CHF /16 16/ % 7% % -2% % 7% % -2% 9,3 7,8 8,3-6% 20% 8,4 7,2 7,7-7% 17% % 1% 69,14% 53,9% 48,2% * in 2016 the Bank distributed a dividend of CHF 15ML. 14

15 We are constantly developing tools to allow for a better reporting transparency, both personal and remote. Our clients know that if a doubt arises, with two clicks or a phone call, they will have the answer. Ana Rita Santos, Head of Communication PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY 15

16 Digital services Millennium Banque Privée offers to its Clients innovative supports that allow them to: - Access to all details of the portfolio and performance; - Quickly analyse investment recommendations and portfolio reviews; - Keep in touch with the Bank and Private Banker in a safe environment. > E-banking (through private website and app.) > Daily news > Monthly reporting > Secure ing system 16

17 Innovation is transversal across the entire organization, to redefine the business model to Client services, processes and systems. The Bank supports the efforts of any staff member who wants to create value that benefits our Clients. José Uribarri Soares, Chief Technology Officer PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY 17

18 Executive Committee José Salgado Raoul Ducrest Robert Swalef General Manager Deputy General Manager Deputy General Manager The Executive Management Committee is composed by three senior executives with more than 20-year experience in Banking, ensuring the day-to-day management, the implementation of the internal control system and the fulfilment of the Bank s strategic objectives. 18

19 Board of Directors João Nuno Palma Chairman Jean-Luc Herbez Henri Vanni Paul-André Sanglard Vice-Chairman Member Member Rudolph Schwegler Member José Miguel Pessanha Member Vasco Andrade Member The Board of Directors supervises the activities of the Management, defines the strategy and ensures the existence of a proper and adequate internal control system in the Bank. It is composed by seven non-executive members, from which four are independent, with diversified expertise. 19

20 Our organization Departments European Desk (Portugal, Greece, Poland) Africa Desk Latin American Desk External Asset Managers Desk Investment Advisory Services Investment Control Compliance Finance & Risk Credit Back Office Trading Human Resources Communication IT Auditors Internal: Baker Tilly Spiess SA External: KPMG Others Regulator: FINMA Bankers Associations: Swiss Bankers Association, Foreign Banks in Switzerland, Swiss Association of Independent Advisors Conflict Intermediation: Swiss Banking Ombudsman 20

21 Our organizational structure enhances proximity with our Clients and facilitates decision making. While acting within the regulatory and legal framework, we distinguish ourselves through our ability to respond quickly and efficiently to specific requests. Cristina Solari, Head of Trading PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY 21

22 22 Presence of Millenniumbcp

23 TRUST Trust is the foundation of any relationship and, as such, the essence of our business, strengthened by a full dedication to our Client. PROTECTION INDEPENDENCE TRANSPARENCY INNOVATION FLEXIBILITY 23

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