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Intesa Sanpaolo Wealth Management Suisse (formerly REYL)IS
Intesa Sanpaolo Wealth Management Suisse review

Intesa Sanpaolo Wealth Management SA

Three stars: a clean ten-year record, protected deposits and public ownership.

Booking centreSwitzerland
RegulatorFINMA
Legal formLocally incorporated subsidiary
GroupIntesa Sanpaolo Group
Websiteintesasanpaolowm.ch
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PPLI.com
Private Bank Rating
3 out of 5 stars
Editorial assessment on UHNW criteria
Reviewed 6 November 2026 · Q4 2026 edition
Updated every quarter
Rating signed byNoam CohenEditor, Bank Intelligence
About the rating
3 out of 5, Q4 2026 edition
Not publishedpricing on request
Noneno decision naming this licence holder in ten years
Not publishedminimum relationship
The editor's opinion

Why Intesa Sanpaolo Wealth Management Suisse (formerly REYL) has three stars

Intesa Sanpaolo Wealth Management Suisse (formerly REYL) earns three stars. No final adverse finding against this licence holder in ten years of regulatory and court records. What a family should weigh: only a summary of the custody terms is public. Not yet documented: the services offered here and the policy on third-party payments. Until they are on file, the rating cannot count them.

Noam Cohen, Editor, Bank IntelligenceReviewed 6 November 2026, Q4 2026 edition. The rating weighs the public record together with what clients and their advisers tell us in confidence; retail products, branches and apps play no part.

Where Intesa Sanpaolo Wealth Management Suisse (formerly REYL) stands out

  • No final adverse finding against this licence holder in ten years of regulatory and court records.
  • Custody assets are protected by statute in the booking centre, with conditions a family should read.
  • Deposits are covered by a statutory protection scheme.
  • Ownership and control are fully public.
  • No politically exposed person holds a significant stake.

What to weigh

  • Only a summary of the custody terms is public.
  • No fee schedule is published; pricing is given on request.
  • Services available from this centre are not published.
  • Rules for third-party payments are not published.

The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the bank, not a credit rating, not a forecast of failure and not investment advice.

The record

Regulatory and legal record

What regulators, prosecutors and courts have decided, recorded against the legal entity they named, with the status, the amounts as published and a link to the original document. Claims and investigations still under way are marked as open.

202318 April 2023

Guilty plea to laundering the proceeds of tax fraud in a side inquiry to the Cahuzac case

Reported by Allnews on 19 April 2023: a Paris court approved a guilty plea (CRPC) proposed by the Parquet national financier, under which REYL & Cie SA, now Intesa Sanpaolo Wealth Management SA, admitted laundering the proceeds of tax fraud in a scheme running from 2009 to 2013 and was fined EUR 5.75 million. François Reyl received a one-year suspended prison sentence and a EUR 500,000 fine.

Paris court, guilty-plea procedure (CRPC) proposed by the Parquet national financierReportedPenalty EUR 5.8 millionNot counted in the rating until the decision itself is publishedReport
20168 December 2016

Conviction for laundering through the concealment of assets in the Jérôme Cahuzac tax fraud case

Reported by swissinfo on 8 December 2016: a Paris criminal court found Reyl & Cie SA, now Intesa Sanpaolo Wealth Management SA, guilty of being an instrument for the concealment of assets of former French budget minister Jérôme Cahuzac and fined it EUR 1.875 million, the maximum for money laundering, while refusing a ban on operating in France. François Reyl, then chief executive, was fined EUR 375,000 and given a suspended prison sentence, and finews.com reported on 31 July 2017 that the bank had accepted the judgment and paid the fine.

Paris criminal court (Tribunal correctionnel de Paris), Cahuzac trialReportedPenalty EUR 1.9 millionNot counted in the rating until the decision itself is publishedReport
Clients and standing

Client experience and financial standing

What clients meet at Intesa Sanpaolo Wealth Management Suisse (formerly REYL), read from complaint registers, ombudsman decisions and court records, independent reporting and what clients and their advisers tell PPLI.com in confidence. Announcements by the bank, awards and marketing material are left out.

UHNW client ratings

3.0 out of 5, based on one client rating for this booking centre.

What clients report

No complaints register publishes figures for Intesa Sanpaolo Wealth Management SA, and the Swiss Banking Ombudsman reports statistics only, not by bank. The bank has no Trustpilot profile. The two French criminal cases against it were brought by prosecutors, not by clients.

Worth raising with the bank

  • Ask whether FINMA opened enforcement proceedings after the January 2024 referral described in the leaked letters, and what the bank has changed in its anti-money laundering controls since.
  • Ask who now manages existing relationships after the full takeover of January 2026 and the staff cuts that followed, and whether the contracting entity or custody arrangements changed with the new name.

Financial standing

Credit ratings published by the agencies, dated by the latest agency or bank document that confirms them
AgencyRatingOutlookAs ofRated company
FitchA-StableSeptember 2026Intesa Sanpaolo S.p.A. (parent)
Moody'sA3StableSeptember 2026Intesa Sanpaolo S.p.A. (parent)
S&PBBB+PositiveSeptember 2026Intesa Sanpaolo S.p.A. (parent)

In the press

  • La Télé

    Reyl: Intesa Sanpaolo supprime 10% des effectifs en Suisse

    The ATS news agency, carried by La Télé, reported that the bank would cut about 30 of its 300 Swiss staff by the end of March 2026 after the full takeover by Intesa Sanpaolo.

  • finews.ch

    Intesa Sanpaolo übernimmt Reyl komplett und holt neuen CEO

    finews.ch reported that Fideuram, part of Intesa Sanpaolo, bought the remaining 24 percent of the bank from François Reyl, Pasha Bakhtiar, Christian Fringhian and Lorenzo Rocco di Torrepadula, and that Reyl, Bakhtiar and Fringhian left their board and executive roles.

  • OCCRP (with Le Monde, Paper Trail Media, IrpiMedia)

    Leaked Letters Give Insight Into Anti-Money Laundering Gaps at Swiss Bank Reyl

    OCCRP, with Le Monde, Paper Trail Media and IrpiMedia, published leaked FINMA letters from 2022 to 2024 describing a 'very high' anti-money laundering risk appetite, thousands of unchecked alerts, more than 1,400 accounts without a KYC review for over five years and a referral to FINMA's Enforcement Division in January 2024, and found no evidence that enforcement proceedings were opened.

  • finews.ch

    Bank Reyl: Finma-Korrespondenz geleakt

    finews.ch reported that, under an agreement reached with FINMA in January 2024, the bank was to close about 300 accounts linked to Russia, holding nearly EUR 1 billion, by the end of that year.

What it costs

What Intesa Sanpaolo Wealth Management Suisse (formerly REYL) charges

Intesa Sanpaolo Wealth Management Suisse (formerly REYL) does not publish its private banking fees. The site says that pricing is given on request. We searched its website on 6 November 2026 for a fee schedule, a tariff or a pricing page. We read its legal, documents and client information pages and searched the site in each language it uses. 96 of the 151 banks we cover publish theirs. A family cannot see what a relationship with Intesa Sanpaolo Wealth Management Suisse (formerly REYL) would cost before asking, so the cost transparency element of the PPLI.com rating gives Intesa Sanpaolo Wealth Management Suisse (formerly REYL) no credit for a published schedule, and the bank cannot be placed in our fee comparison. If Intesa Sanpaolo Wealth Management Suisse (formerly REYL) publishes a schedule, we will read it and add it in the next edition.

Pricing not published

Banks that publish their fees, and how they compare, are listed on the comparison page. If you hold a proposal from Intesa Sanpaolo Wealth Management Suisse (formerly REYL), our editors can place it against the published fees of other banks in confidence: write to [email protected].

The bank at a glance

Identity, protection and services

Legal identity

Legal nameIntesa Sanpaolo Wealth Management SA
LEINot published
LicenceBank  Source
RegulatorFINMA
Legal formLocally incorporated subsidiary
OwnerIntesa Sanpaolo S.p.A.  Source

Ownership

Group parentIntesa Sanpaolo S.p.A. (listed, Euronext Milan)  Source
ControlWidely held; no shareholder with 10% or more  Source (15 October 2026)
Disclosed holdings of 3% or moreBlackRock Inc. 6.706%  Source (15 October 2026); Fondazione Compagnia di San Paolo 6.658%  Source (15 October 2026); Fondazione Cariplo 5.547%  Source (15 October 2026)

Ownership is shown as published, with its date. It describes who owns the bank; it does not, by itself, suggest any wrongdoing by the bank or its owners.

Financial strength, as reported

Credit ratingsFitch A- (Intesa Sanpaolo S.p.A. (parent)); Moody's A3 (Intesa Sanpaolo S.p.A. (parent)); S&P BBB+ (Intesa Sanpaolo S.p.A. (parent))
Tier 1 ratio17.1% (31 Dec 2025)
Total assetsCHF 2.2 billion (31 Dec 2025)
Assets under managementCHF 13.4 billion (31 Dec 2025)
Net profitloss of CHF 22.6 million (31 Dec 2025)
Employees300 (31 Dec 2025)
Founded1973

Figures for REYL & Cie SA (now Intesa Sanpaolo Wealth Management SA). Sources: REYL & Cie SA Annual Report 2025; Press release: REYL Intesa Sanpaolo becomes Intesa Sanpaolo Wealth Management Suisse; Intesa Sanpaolo Wealth Management Suisse homepage.

Services published for this booking unit

Private clients
Discretionary management
Advisory mandates
Custody only (execution and safekeeping)
Lombard lending
Mortgage lending
Multi currency accounts
Trust and fiduciary services
Family office services
Wealth planning
Consolidated reporting
External asset manager desk

Offered at this booking centreOffered by the group, not confirmed hereNot located, which does not mean unavailable
Checked on the bank's own pages, 2 November 2026.

Access and costs

Minimum relationshipNot published
US personsAccepted with restrictions
Fee scheduleNot published
Third party paymentsNot published
Transfer out termsNot published

Protection of client assets

Deposit protectionAll banks with a Swiss office must be members of esisuisse: privileged deposits are protected up to CHF 100,000 per client per bank, including non-resident clients and foreign currency deposits, within a system cap.
Custody lawSwiss Banking Act art. 37d: custody assets held for clients are separated from the bankrupt bank's estate and handed over to the clients, with privileged deposits protected under arts. 37a and 37h.
Custody termsNot published

Before opening an account

  • Custody agreement. The applicable legal framework is set out above. Ask for the agreement that would govern your account and check how securities are titled, whether any sub-custodian is used, and when the bank may take a lien.
  • Reporting to the family office. The bank lists a desk for external asset managers. Ask for a sample statement or data export and confirm whether it includes positions, transactions, accrued income and all currencies held.
  • Transferring assets out. Ask which positions can be transferred without selling them, who approves exceptions, and how charges are calculated for each position and market.
Your experience

Rate Intesa Sanpaolo Wealth Management Suisse (formerly REYL)

If you bank with Intesa Sanpaolo Wealth Management Suisse (formerly REYL) or advise clients who do, your experience forms part of its PPLI.com rating. Every response is read by the editor and treated in strict confidence.

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Our commitment to confidentiality

Your name, email and telephone number are seen only by the PPLI.com editor. They are never published, never passed to Intesa Sanpaolo Wealth Management Suisse (formerly REYL) or any other bank, and never used for marketing. We may contact you once to clarify your assessment. Once verified by our editors, your assessment can lead to a disclosed adjustment of this bank's PPLI.com rating. It is never published with your name.

Sources

All 13 documents cited on this page, by subject.

Regulatory and legal record

  1. Paris court, guilty-plea procedure (CRPC) proposed by the Parquet national financier: Guilty plea to laundering the proceeds of tax fraud in a side inquiry to the Cahuzac case, 18 April 2023allnews.ch
  2. Paris criminal court (Tribunal correctionnel de Paris), Cahuzac trial: Conviction for laundering through the concealment of assets in the Jérôme Cahuzac tax fraud case, 8 December 2016swissinfo.ch

Client experience and press

  1. La Télé: Reyl: Intesa Sanpaolo supprime 10% des effectifs en Suisse, 20 February 2026latele.ch
  2. finews.ch: Intesa Sanpaolo übernimmt Reyl komplett und holt neuen CEO, 30 January 2026finews.ch
  3. OCCRP (with Le Monde, Paper Trail Media, IrpiMedia): Leaked Letters Give Insight Into Anti-Money Laundering Gaps at Swiss Bank Reyl, 9 April 2025occrp.org
  4. finews.ch: Bank Reyl: Finma-Korrespondenz geleakt, 9 April 2025finews.ch

Identity, ownership, finances and services

  1. FINMA: Bewilligungstraeger (PDF)finma.ch · Licence
  2. group.intesasanpaolo.com: Intesa sanpaolo wealth management suissegroup.intesasanpaolo.com · Owner
  3. group.intesasanpaolo.com: Shareholder basegroup.intesasanpaolo.com · Control
  4. Intesa Sanpaolo Wealth Management Suisse: REYL & Cie SA Annual Report 2025intesasanpaolowm.ch · Financial strength
  5. Intesa Sanpaolo Wealth Management Suisse: Press release: REYL Intesa Sanpaolo becomes Intesa Sanpaolo Wealth Management Suisseintesasanpaolowm.ch · Financial strength
  6. Intesa Sanpaolo Wealth Management Suisse: Wealth managementintesasanpaolowm.ch · Services

The bank

  1. Intesa Sanpaolo Wealth Management Suisse, websiteintesasanpaolowm.ch

For Intesa Sanpaolo Wealth Management Suisse (formerly REYL)

Before we publish a significant negative finding that is not already public, we give the bank the facts and time to comment, on the same timetable for every bank. Decisions of regulators and courts are shown as they were published. Corrections we verify are published with the date of the change. Write to [email protected] quoting reference BK-CH-REYL-7A431B.

Reviewing this file with us

Families and their advisers read this file before they open an account. It can only be as complete as the documents we can find, and much of what sets a private bank apart, from its custody terms to the way a client team works, is rarely published.

If you represent Intesa Sanpaolo Wealth Management Suisse, one of our Bank Intelligence analysts can go through the file with you: correct anything that is out of date, add terms and documents that are not yet public, and set out what has improved since our last edition. The review is a paid engagement for the analyst's time and research.

The rating itself stays with our editor and follows what the documents show, so we cannot promise a particular result. When a review changes the file, this page notes that the bank took part, with the date and what was added.

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About this file

Researched by the PPLI.com research desk from the public sources listed. The rating is our editorial opinion; read how we rate.

Important information. Editorial opinion of PPLI.com on the date shown, based on public information, client experience and editorial judgment. Not a statement of fact, a credit rating or investment, legal, tax or financial advice; verify with the bank and your own advisers before acting. No liability is accepted for reliance on this content. Bank names and logos are used for identification only. Ratings are updated every quarter. This is the Q4 2026 edition, and a rating can change between editions if something material happens. Full disclaimer
Rating signed by Noam Cohen, Editor, Bank IntelligenceReviewed 6 November 2026Methodology 2.4Reference BK-CH-REYL-7A431B
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