Capital Union Bank

What Capital Union Bank does

Capital Union Bank Ltd. is a Bahamas-incorporated and headquartered private bank founded in 2013, serving sophisticated private and institutional clients across three primary segments: institutional investors (fund managers, pensions, banks, insurances, digital assets firms), financial intermediaries (external asset managers, independent financial advisors), and high-net-worth individuals and family offices. The bank operates as the private banking arm of UCAP Group (Union Capital Group), which has 300 professionals across 11 jurisdictions and controls UCAP Bahamas Ltd, which oversees over $5 billion in assets under management. Capital Union Bank serves approximately 2,000 clients globally.

The bank operates four core product lines on an integrated technology stack: Trading & Execution (24h/5 multi-asset coverage including bonds, equities, OTC derivatives, exotic options, structured products, and digital assets), Wealth Management (custody, multi-currency deposits, portfolio management, investment research, and advisory), Lending Services (credit structuring against securities portfolios, insurance policies, and luxury Bahamas real estate), and Digital Assets (deposit and transacting of digital assets within the same account structure as traditional instruments). The core technology foundation is the Avaloq Core Platform deployed in SaaS model since 2014, achieving 99% straight-through processing rates. Digital asset capabilities are powered by Taurus-PROTECT (institutional custody with full private key sovereignty), Taurus-EXPLORER (connectivity to 15+ blockchain protocols), and Chainalysis KYT and Reactor for compliance. The Avaloq-powered eBanking platform offers 100+ self-service features.

The revenue model is a hybrid of transaction-based fees (trading and execution, lending, digital assets) and recurring wealth management fees (custody, portfolio management, advisory). Distribution is enterprise field sales to sophisticated clients, sourced directly or through a global network of affiliates and business introducers. The bank is regulated by the Central Bank and Securities Commission of The Bahamas, holds a BBB+/BBB+ credit rating from Egan-Jones Ratings Company (reaffirmed November 2024), and operates a Category 1 deposit-taking subsidiary in Abu Dhabi Global Market (ADGM) established in August 2024.

Name

Capital Union Bank

Legal name

Capital Union Bank Ltd.

Website

https://capitalunionbank.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Capital Union Bank is a Bahamas-based private bank founded in 2013, offering multi-asset trading, wealth management, lending, and digital asset custody to high-net-worth individuals, institutional investors, and financial intermediaries across 10+ countries.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

akta.pro secondary industries

Tokenized Bank Deposit & Commercial Bank Money Issuers (FSADADAB), Agency Equity Execution (Cash Equities) (FSACAFAA)

Keywords

• Private banking services
• Wealth management
• Multi-asset trading
• Digital asset custody
• Credit structuring

Headquarters

HQ city

Nassau

HQ country

Bahamas

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Trading & Execution: Revenue from trading room services providing 24h/5 days market coverage including high touch and low touch execution for bonds, equities, OTC derivatives, exotic options, structured products and digital assets
2. Wealth Management: Comprehensive services including assets custody, deposit accounts in multiple currencies, investment solutions, portfolio management, investment research and advisory. Clients granted privileged access to affiliates network capabilities including corporate services, wealth planning, asset management and life insurance
3. Lending Services: Credit structuring solutions enabling customers to leverage or diversify investments using various collateral including securities portfolios, insurance policies, and luxury residential real estate in the Bahamas
4. Digital Assets: Trading and custody services for digital assets enabled through Taurus infrastructure and Chainalysis compliance

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Capital Union Bank is a privately held Bahamian bank that delivers multi-asset Trading & Execution, Wealth Management advisory, Lending Services, Digital Assets solutions, and an eBanking platform to institutional investors, financial intermediaries, family offices, and high-net-worth individuals. Its offering combines traditional private banking with integrated digital-asset custody and execution within a single regulated relationship.

Product overview

Capital Union Bank operates as an independent financial institution offering a comprehensive suite of wealth management and capital markets services. The bank combines four core product lines: Trading & Execution (multi-asset trading across bonds, equities, OTC derivatives, structured products, and digital assets), Wealth Management (custody, deposits, portfolio management, advisory), Lending Services (credit structuring with securities, insurance, and real estate collateral), and Digital Assets (tokenized asset and blockchain-based solutions). Technology infrastructure is built on Avaloq Core Platform for core banking operations and eBanking delivery, with digital asset capabilities powered by Taurus infrastructure (Taurus-PROTECT, Taurus-EXPLORER, Taurus-NETWORK) and compliance supported by Chainalysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Trading & Execution Multi-asset trading and execution services covering cash equities, fixed income, derivatives, FX, commodities, and structured products, provided to institutional and sophisticated private clients.
• Wealth Management Advisory and discretionary wealth management for family offices, high-net-worth individuals, and institutional clients, including portfolio construction and multi-asset allocation.
• Lending Services Structured lending solutions including credit facilities, margin lending, and bespoke credit structuring for institutional and private banking clients.
• Digital Assets Regulated digital-asset custody, execution, and related services for institutional and sophisticated clients, supported by Taurus infrastructure and Ledger Vault integration.
• eBanking Platform Digital client banking platform providing online access to account information, transactions, and banking services for Capital Union Bank clients.

Quantifiable outcome

• 99% straight-through processing (STP) rates for payments, securities and fund processing

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature8 records

Partnerships

Six partnerships are on record, tiered minor and core.

• GoQuantminorStrategic or Co-development Partner · 1 May 2026CUB is a launch partner for GoQuant's GoCredit, a quote-based borrow/lend marketplace for institutional borrowers and lenders in the digital asset space. GoCredit replaces fragmented lending workflows with real-time rate discovery and risk monitoring.
• Integraal for BankingminorImplementation/ SI/ Consulting Partner · 28 November 2024In collaboration with Avaloq, CUB deployed Integraal's MIS Digital Solution providing precise analytical view of financial needs, increased efficiency, and optimized data tracking.
• AvaloqcoreTechnology or Integration · 27 June 2023Avaloq Core Platform deployed since 2014 in SaaS model. Partnership enhanced with Avaloq Web Banking (eBanking) solution offering intuitive interface, near real-time portfolio overview, push notifications, and 100+ self-service features. Avaloq Banking Operations provides BPaaS with 99% STP rates.
• TauruscoreTechnology or Integration · 11 January 2023Strategic partnership for digital asset custody and blockchain connectivity. CUB integrated Taurus-PROTECT (institutional-grade custody with full control of private keys) and Taurus-EXPLORER (connectivity to 15+ blockchain protocols). The collaboration also enabled participation in Taurus-NETWORK, an interbank digital asset network with 35+ banking institutions across 4 continents.
• ChainalysiscoreTechnology or Integration · 25 April 2022Compliance partnership for digital asset services. CUB adopted Chainalysis KYT (continuous real-time transaction monitoring) and Reactor (investigative due diligence tool) to ensure safe and compliant rollout of digital assets solutions including trading and custody.
• INDEX (International Digital Exchange)minorStrategic or Co-development PartnerINDEX (co-founded by oil market veteran Baron Lamarre) is in discussions with CUB to join as a banking partner for LITRO, a blockchain-based platform tokenizing crude oil with each token representing 1 litre of verified physical reserves.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Misyon Bank: Digital-asset-native private bank and fellow Taurus-NETWORK founding member. Comparable as a regulated bank embedding digital asset custody and trading into a traditional private banking franchise.
• Flowdesk: Digital asset market maker and fellow Taurus-NETWORK founding member. Comparable as a sophisticated digital asset counterparty operating within the same interbank network ecosystem as Capital Union Bank.

Direct peers

• Butterfield Group: Bermuda-headquartered offshore private and commercial bank serving HNW clients with wealth management, custody, and lending. Directly comparable as a small-jurisdiction, regulated private bank pursuing international HNW and institutional flows.
• Arab Bank (Switzerland): Geneva-based private bank that is also a founding participant in Taurus-NETWORK alongside Capital Union Bank. Comparable in HNW/institutional focus, multi-asset trading, and early-mover digital asset infrastructure.
• Deltec Bank and Trust: Bahamas-based private bank offering wealth management, custody, and lending to HNW individuals and family offices. Comparable in jurisdiction, target clientele, and bespoke private banking model.
• EFG International: Swiss-listed private banking group co-founded and led by Capital Union Bank co-founder Lawrence D. Howell. Directly comparable in target client (HNW and institutional), product set (trading, wealth management, custody), and cross-border wealth strategy.

Broad incumbents

• Swissquote Bank: Swiss-listed online bank and Taurus-NETWORK participant with multi-asset trading, custody, and digital asset capabilities. Comparable as an established bank offering integrated traditional and digital asset services to sophisticated clients.
• Lombard Odier: Swiss private bank with global HNW and institutional wealth management, multi-asset trading, and structured credit capabilities. Comparable in bespoke private banking and bespoke financing solutions (e.g., Lombard Odier participated in GoQuant's seed alongside Capital Union Bank-affiliated investors).
• Bordier & Cie: Independent Swiss private bank offering wealth management, multi-asset trading, and custody services to HNW and family office clients globally. Comparable in independent, relationship-driven private banking positioning.

Regional players

• LBB (Lombard Bank & Trust Bahamas): Bahamas-based private bank focused on wealth management, trusts, and corporate services for HNW clients. Comparable in jurisdiction, customer segment, and traditional private banking services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/capital-union-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Union Bank