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Private company

IHAG Privatbank

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

Swiss private bank

IHAG Private Bank (commonly referred to as IHAG) is a Swiss private bank which specializes in asset management. Founded in 1949, by German-born industrialist Emil Georg Bührle, its holding company currently also serves as Single Family Office to his descendants with AUM of over $4 billion (2023). In 2013, IHAG was a participant in the Swiss Bank Program, by the U.S. Department of Justice resolving criminal liabilities in the United States.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1949Founded1

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IHAG Private Bank (commonly referred to as IHAG) is a Swiss private bank which specializes in asset management. Founded in 1949, by German-born industrialist Emil Georg Bührle, its holding company currently also serves as Single Family Office to his descendants with AUM of over $4 billion (2023).2

The story

In 1949, German-born industrialist Emil Georg Bührle, formed Industrie- und Handelsbank AG (English: Bank of Industry and Commerce, Inc.) in Zürich, Switzerland primarily to finance his own industrial investments and expansion plans of Oerlikon-Bührle and to preserve his assets for future generations.

Later, the bank added services for external clients such as asset management and lending. In 1994, the name was changed, initially to IHAG Handelsbank Zürich and then ultimately to Privatbank IHAG Zürich.

From Wikipedia’s article on IHAG, shared under CC BY-SA 4.0.4

Timeline

  1. 1949Founded Founded1

Sources

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