company profile and basic information
Turicum Private Bank is a Gibraltar-registered private bank founded in 1993 by private bankers, lawyers and asset management experts from Zurich, Switzerland and Geneva. The name "Turicum" derives from the Latin name for Zurich in Roman times, reflecting its Swiss heritage and financial roots. Headquartered at Turicum House, Gibraltar (315 Main Street, Gibraltar GX11 1AA) and with a representative office in Zurich, Switzerland, the Bank takes advantage of Gibraltar's financial stability and Switzerland's status as a global financial centre.
registered capital information is not explicitly disclosed in public channels, but as a Gibraltar registered bank (company number 47119), it is required to meet the capital requirements of the local Financial Services Commission (GFSC). In terms of shareholding structure, the bank is privately held, with an undisclosed composition of shareholders controlled by a group of Swiss financial professionals and relevant investors, and some shareholders represented by board members (e.g. Louis Goutaland) through a holding company.
key executives include:
Marzia Manconi (Head of Compliance, Risk & Ethics): holds a BA in Political Science and a Postgraduate degree in International Relations from the University of Pavia in Italy, a MA in International Development Law and Human Rights Law from the University of Warwick in the UK, and has worked in the field of non-profit organizations in London and financial compliance in Gibraltar.
Michael Seeholzer (Board Member): holds a Master's degree in Banking and Finance and is currently a member of the Executive Board of Amasus Investment Ltd. in Zurich, focusing on real estate and private equity investments.
>Andreas Businger (CEO): He holds a Master's degree in Economics and Business Administration from the University of Zurich and a European Specialist in Finance and Investment from the Swiss Investment Professional Training Center (AZEK).
The company is a private bank, active and authorised and regulated by the Gibraltar Financial Services Commission (Licence No. 543) to provide banking and investment services.
Business Classification vs. Market Classification
business classification: Turicum Private Bank is a financial services business, specifically a private bank and wealth management institution, registered in Gibraltar, with a business scope covering the international market. The North American Industrial Classification System (NAICS) codes are 52 (Finance & Insurance) and 522 (Credit Intermediation), and the Standard Industrial Classification (SIC) codes are 60 (Depository Institutions) and 602 (Commercial Banks).
Market Classification: Banks are positioned in the high-end private banking market, serving high-net-worth individuals, family offices, independent asset managers, investment funds, trusts, and innovative industries (e.g., distributed ledger technology-related companies). It is a cross-border financial services provider with markets covering customers in Gibraltar, Switzerland and multiple jurisdictions around the world.
Services & Trading Products
Turicum Private Bank provides a comprehensive range of private banking and wealth management services, with core services including:
Investment Advisory: provides clients with professional advice on securities, money market instruments and collective investment scheme units.
Brokerage Service: Executes client orders across multiple asset classes.
Private & Institutional Banking: Customized banking solutions for high-net-worth individuals and institutions.
other services, including Lombard loans, foreign exchange trading, precious metals, fixed income products, equities, alternative investments, digital assets and open-architecture investment platforms.
asset management: Customized portfolio management with a focus on capital preservation and long-term steady growth.
> trading product:
Traditional assets: equities, fixed income securities, money market instruments, collective investment scheme units.
alternative assets: precious metals, digital assets (e.g. cryptocurrency-related services), private equity.
Forex & Derivatives: Foreign Exchange Trading, Financial Futures & Options, Interest Rate Instruments.
Trading software
Turicum Private Bank did not disclose the name of its trading software, but its digital transformation track record shows the use of Temenos Infinity Wealth (formerly WealthSuite, purchased in 2016) as the core asset and wealth management platform to support client portfolio management and trade execution. In addition, the bank adopted Microsoft Azure Cloud Services (procured in 2017) for application hosting and compute services, and Microsoft 365 (procured in 2017) to support collaboration and internal operations. These technology solutions demonstrate that their trading and customer services are based on a modern cloud-based fintech platform, but do not disclose whether they offer proprietary trading applications or third-party platforms such as MetaTrader.
Deposit and withdrawal methods
Turicum Private Bank supports a variety of deposit and withdrawal methods, including:
payment transaction: Execution of funds transfers, including transfers between accounts with the user's payment service provider or other payment service providers.
other payment instruments: issuance and management of payment methods such as traveler's cheques and bank drafts.
Real-time payments: Partnered with Clear Junction (since 2021) to support real-time payment processing in British Pounds (GBP) and Euros (EUR).
>Bank account deposits and withdrawals: Cash deposits and withdrawals through payment accounts are supported by the Gibraltar Deposit Protection Scheme (GDGS), which protects depositors up to €100,000 per person.
specific deposit and withdrawal channels include direct banking services and an indirect partner network, which can be handled by customers through the Gibraltar head office or the Zurich representative office.
Customer Support
Turicum Private Bank offers a multi-channel service with an emphasis on personalized customer support:
Global Market Insights: The Global Market Focus Monthly is published regularly to provide clients with an analysis of global market and economic dynamics.
Customized services: Dedicated support for clients with complex structures such as family offices, trusts and investment funds, covering governance, compliance and risk management.
multilingual support: The team has an international background, supports multilingual communication, and adapts to the needs of global customers.
contact details: Customers can contact the Senior Account Manager (e.g. Derek Baglietto, Keegan Zarb) by phone (+350 200 44144) or email (contact@turicum.com).
Core Business & Services
core business focuses on private banking, wealth management and institutional services, including:
Wealth Management: Providing clients with a diversified range of investment options through an open architecture platform, covering traditional and alternative assets.
Institutional Services: providing banking and investment solutions for family offices, independent asset managers, trusts and investment funds, with a particular focus on multi-jurisdictional structuring support.
Innovative Industry Support: Serving distributed ledger technology (blockchain)-related enterprises and demonstrating adaptability to emerging markets.
>Private Banking: Customized bank accounts, portfolio management and loan services (e.g., customized Turicum mortgages) for high-net-worth individuals.
The bank provides efficient and secure financial solutions with a sound investment strategy at its core, a focus on asset protection and long-term growth, and Swiss private banking principles.
Technological infrastructure
Turicum Private Bank's technical infrastructure is digitally and securely-focused:
cloud service: Optimizes application hosting and computing efficiency based on the Microsoft Azure cloud platform.
collaboration tool: Adopt Microsoft 365 to improve internal operations and customer communication.
Compliance Technology: In-house developed finance and compliance software (managed by Nick, Technical Project Manager) that supports KYC, tax reporting, and CRM functions.
core system: Asset and wealth management with Temenos Infinity Wealth, integrating portfolio management, trade execution and client data management.
banks continue to invest in fintech to improve service efficiency and customer experience, while ensuring data security and system stability.
Compliance and risk control system
Turicum Private Bank has a well-established system in terms of compliance and risk management:
Deposit Protection: Participate in the Gibraltar Deposit Protection Scheme (GDGS), which provides protection of up to €100,000 per depositor.
Tax transparency: Country-specific tax reports for clients, including capital gains, dividends and interest income, to help clients meet their tax obligations.
AML & Compliance: The compliance team (led by Marzia Manconi) holds the International Compliance Association (ICA) Anti-Money Laundering Certificate and the Securities and Investment Institute (CISI) International Investment and Wealth Management Certificate to ensure strict compliance with AML/CTF standards.
risk management: Adopt a prudent and conservative investment strategy, focus on asset protection, and monitor portfolio risk through an investment committee (managed by Michael Seeholzer et al.).
Regulatory compliance: Authorised and regulated by the Gibraltar Financial Services Commission (GFSC) (licence number 543), following similar high standards as the UK Financial Services Authority (FSA) while enjoying the tax advantages of Gibraltar.
Market Positioning & Competitive Advantage
Market positioning: Turicum Private Bank is positioned in the high-end private banking and wealth management market, serving high-net-worth individuals and complex financial structures (such as family offices, trusts), based in Gibraltar, combined with Swiss financial tradition, and facing global customers.
competitive advantage:
Swiss heritage and Gibraltar's strengths: Combining the expertise of a Swiss private bank with Gibraltar's financial stability and tax benefits.
Multi-jurisdictional expertise: Expertise in handling cross-border financial structures, providing governance, compliance and risk management support.
Personalized service: Tailor-made solutions for each customer, flexible to meet complex needs.
technology-driven: improve service efficiency and transparency through Temenos and Microsoft technology platforms.
Innovative adaptability: support digital assets and blockchain-related businesses, and keep up with fintech trends.
Customer support and empowerment
Turicum Private Bank empowers Turicum Private Bank with multi-dimensional customer support:
Education & Insights: Helping clients understand market trends through Global Market Focus Monthly and investment opinion reports.
Career Development Support: Advises clients in the financial and compliance fields to help them operate in compliance in multiple jurisdictions.
ESG Empowerment: Providing customized ESG solutions to clients with a focus on sustainable investing, partnering with the Gibraltar Fund and Investment Association (GFIA) to participate in sustainable investing seminars.
>Personalized relationship management: Each client is served exclusively by a senior account manager (e.g. Silvia Fortes Grimaldi, Sandra Garcia Basciano) to ensure an efficient response.
Social Responsibility and ESG
Turicum Private Bank actively fulfills its social responsibilities and integrates ESG (Environmental, Social, Governance) principles:
ESG Investing: Participate in the sustainable investment activities of the Gibraltar Fund & Investment Association to provide ESG-oriented wealth management solutions to clients.
Gender equality: Recognize female employee contributions (e.g., Sharon) and sponsor the "Rock the Rock" Women's Awards campaign during International Women's Day 2024.
Community Support: Enhance the well-being of the Gibraltar community by sponsoring local events and charity projects.
charitable donations: 2,500 each to CARE, CBM Christian Blind Mission and Childline Gibraltar in 2023 to support families in crisis, blindness prevention and local child protection around the world.
Strategic cooperation ecology
Turicum Private Bank strengthens its service capabilities through strategic partnerships:
Fintech partnership: Partnered with Clear Junction (from 2021) to provide real-time payment solutions.
professional partner network: working with law firms, corporate service providers, external asset managers, trusts and family offices to provide integrated financial services to clients.
Industry Association: Participates in the Gibraltar Fund and Investment Association (GFIA) to promote sustainable investing and industry standards.
technology provider: Establish long-term cooperation with Microsoft and Temenos to optimize the technology infrastructure.
Financial health
Turicum Private Bank's financial data is publicly available for limited time, but some information indicates that it is operating in a solid state:
Employee size: Approximately 71 (2025 data), reflecting moderate size and efficient operations.
regulatory compliance: As a GFSC authorised bank, it is required to maintain an adequate capital buffer with no publicly available regulatory penalties or financial risk records.
Deposit Protection: Participate in GDGS to enhance the security and trust of customer funds.
revenue: Approximately US$20.2 million (approximately RMB140 million) in 2025 and approximately US$6.6 million in 2024, showing significant growth.
details such as specific balance sheet and capital adequacy ratio are not disclosed, but its more than 30 years of continuous operation and stable customer base indicate good financial health.
Roadmap for the future
Turicum Private Bank has not disclosed detailed future plans, but based on its business dynamics, the following key directions can be speculated:
ESG and sustainable investment: Deepen the development of ESG products and respond to the global trend of sustainable finance.
Expansion of innovation areas: further support digital assets and blockchain-related businesses to seize opportunities in emerging markets.
Global market expansion: Increasing market penetration in Europe and beyond through a representative office in Zurich and a network of partners.
Talent & Compliance Enhancement: Continue to recruit compliance and fintech talent (e.g., Financial Crime Analyst in 2024) to ensure regulatory adaptability and service quality.
Digital transformation: Continued investment in fintech, optimization of Temenos and Microsoft platforms, and improvement of customer experience and operational efficiency.
