⏱ 1 min 30 read
Background
Founded in 1819, the Geneva private bank Mirabaud has around 700 employees. In the first half of 2026, it managed 32.4 billion francs in assets worldwide. Its Montreal office, opened in 1985, was its first location abroad. The bank is pursuing efforts to optimise its structure.
The key points
Mirabaud has sold its wealth management business in Canadaafter 40 years in the country, the AWP news agency reported on Wednesday 11 November 2026. The independent wealth manager Nour Private Wealth (NPW), based in Oakville, Ontario, is taking over the clients and the office's ten or so employees.
The bank explains the deal as a refocusing on its core markets: Switzerland, Europe, the Middle East and Latin America. The Canadian Investment Regulatory Organization (CIRO) approved the transaction. The financial details were not disclosed.
Key figures
- 40 years : length of Mirabaud's presence in Canada
- around ten : employees taken over by NPW
- 32.4 billion francs : Mirabaud's assets under management in the first half of 2026
- 700 : approximate number of group employees
What it means for businesses
- Mirabaud : concentrates its resources on Switzerland, Europe, the Middle East and Latin America.
- Canadian clients : are now served by NPW, which is committed to ensuring business continuity.
Further reading
Sources
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