Quintet Private Bank: A brief history

In 1970, KBL participates in the foundation of CEDEL (Centrale de Livraison Neutre et Indépendant), a securities clearing company that allows professionals to trade Eurobonds quickly and efficiently.

KBL strengthens its role as an issuer of Eurobonds. In 1974, its lead and co-lead managers are ranked number one for Eurobond issues

With extensive experience in international wealth management, KBL decides to make private banking a new pillar of its operations. The bank implements a new strategy before beginning a busy period of European acquisitions, supporting growth and diversification.

Brown Shipley & Co Ltd is acquired by KBL. Brown Shipley subsequently makes its own acquisitions of brokerage Cawood Smithie, private client investment manager Henry Cooke, and pensions and investment manager Fairmount Group Plc

Damien Wigny is appointed CEO of KBL and leads the bank until 2003. His broad talents and diplomatic skills are the driving forces behind the seamless development of the European private banking group

Merck Finck & Co, a leader in German private banking, is the next in a series of acquisitions made by KBL. With branches throughout Germany and a solid reputation among HNWI and institutional clients, this acquisition is a milestone in the development of the group

KBL epb is acquired by Precision Capital, a Luxembourg-based bank holding company that is strongly supportive of the group’s long-term growth strategy

Quintet Private Bank’s Belgian affiliate, Puilaetco, enters into an agreement with UBS to acquire its Belgian operations. The acquisition adds substantial scale to Puilaetco, positioning it as a top three pure-play private bank in Belgium.

Brown Shipley, KBL epb’s UK affiliate, acquires Hampton Dean, a chartered independent firm of financial planners. This acquisition further strengthens the operations of Brown Shipley, particularly in the area of wealth planning, and expands its UK footprint to six cities, including Nottingham.

KBL epb's UK affiliate, Brown Shipley, acquires The Roberts Partnership, a financial planning and wealth management firm with 20 staff and over €500 million in assets under management. The acquisition is in line with Brown Shipley's strategy to build and deliver a leading financial advice proposition for its clients.

Following the closing of the acquisition of Insinger de Beaufort by KBL epb in January 2017, InsingerGilissen was born from the merger of Theodoor Gilissen and Insinger de Beaufort. InsingerGilissen operates in six cities in the Netherlands, employs over 300 staff and manages some €25 billion. A pure-play private bank, it offers a wide range of asset management, advisory, financial planning and administration, and custody services.

KBL European Private Bankers changes its name to Quintet Private Bank, reflecting a deep, positive and ongoing change process, informed by new strategic priorities.