When Finews interviewed Yves Mirabaud about the Mirabaud Financial Group, he expressed his most profound and essential thoughts on what appears to be disappointing, the financial statistics for the Mirabaud group in 2020.

Mirabaud is a group that provides asset management, wealth management, and Corporate Finance to its Swiss and international clients. With the existence of COVID 19, Yves refutes the claim that their 2020 financial bank profits results have dropped. Although the 2018 and 2019 results may appear better, he still considers 2020 one of the best years.

To keep their market alive, Mirabaud utilized a hedging boom strategy (an old-fashioned method), which he believes is best. Although few clients reportedly refused to handle their cash in this manner, Mirabaud made it a point to work in his clients’ favor and aid them with their demands. They allowed them direct access to funds during the COVID 19 era, enabling them to switch to a more cautious spending plan. Due to a drop in earnings, Yves Mirabaud won several private banking companies during this period.

According to Yves, although they are still expanding, they are also cautious in hiring new personnel and spending. The bank has no plans to invest in larger firms at this time. However, it’s striving to acquire more private bank operations to expand across the European borders.

About Yves Mirabaud

Yves has served as senior partner of Mirabaud, a Genevan wealth management firm founded by his family. At the end of 2020, Mirabaud handled 34.9 billion Swiss francs ($37 billion). Yves Mirabaud joined the bank in 1993 after studying international relations in Geneva and became a managing partner after three years. He began his career in several firms such as Geneva, Zurich, Boston, and New York. Thanks to Yves for his commitment and significant contribution. See related link to learn more.

More about Mirabaud on https://ch.linkedin.com/in/yves-mirabaud-b7914a17