Societe Generale launches new brand name Kleinwort Hambros

Date: 17 Nov 2016

Citywealth

Societe Generale has unveiled Kleinwort Hambros, the new brand name of the combined businesses of Kleinwort Benson and Societe Generale Private Banking Hambros.

Created in-house by Societe Generale, the new brand name has been chosen based on key findings of a survey with internal and external stakeholders from both brands. The combination of two strong names in private banking,Kleinwort Hambros will operate in the UK, Channel Islands and Gibraltar with assets under management of £16 billion and offices in London, Cambridge, Newbury, Leeds, Edinburgh, Jersey, Guernsey and Gibraltar.

The launch of Kleinwort Hambros follows the purchase of Kleinwort Benson by Societe Generale in June 2016, and its subsequent merger with SGPB Hambros.

Eric Barnett (pictured right), CEO of Kleinwort Hambros, said: “This is another significant milestone in the history of two well-established names in private banking, which can trace their roots right back to around the beginning of the 1800s. Building on the existing strengths of both companies, Kleinwort Hambros will be a significant force in the private banking market.”

Kleinwort Hambros’ new investment product range will include discretionary, advisory, structured and alternative products such as hedge funds and private equity. There will be additional products for lending, including lending for yachts, jets and real estate, a bespoke trading platform and dedicated funds research team.