EE Impact

Pictet

Switzerland · Finance & Payments

LeaveRussia detail: Suspension

Operations suspended

The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland. Headquartered in Geneva, it is one of the largest Swiss banks and primarily offers services in wealth management, asset management, and asset servicing, to private clients and institutions.

Status last verified 03/08/2026Source checked 01/03/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 01/03/2022 · Reference ↗

Temporarily suspended its Russian equities fund ($637 million in assets). The Swiss bank Banque Pictet & Cie will cease to accept transfers in Russian rubles from November 1, 2023.

Status history since 2022

  1. 03/08/2026 suspended · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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