Banque de Dépôts et de Gestion, the Lausanne-headquartered private bank, has expanded its Swiss operations with a new branch in Geneva which will officially open its doors next year.

The new branch brings BDG’s branches in the Alpine state to four, the others being in Lugano, Mendrisio and Neuchâtel.

The bank also has a Singapore branch which opened as a representative office in 2005, subsequently becoming a licensed financial advisory company named BDG Singapore Private Ltd in 2008.

BDG is ultimately owned by UBI Banca Group.