The story
EFG (European Financial Group) International was formed in 1995 by Jean Pierre Cuoni, Lawrence D. Howell, Baron Corso von Habsburg, and several others. The genesis of the bank was by the acquisitions of both the right to operate from the Zurich office of Banque de Deposits and the Swiss operations of the Royal Bank of Scotland.
In 2016, EFG International bought BSI from BTG Pactual for CHF 1.33 billion ($1.33 billion). Less than a year earlier, BTG Pactual had bought the Swiss bank from the Italian Generali for CHF 1.25 billion.
In 2024 and 2025, the bank continued to expand, surpassing its recruitment plan. At the end of 2025 EFG’s total number of CROs (Customer Relationship Officers) was 763, compared to 703 at end-2024. Total profit in 2025 rose to CHF 325.2 million.
From Wikipedia’s article on EFG International, shared under CC BY-SA 4.0.5