CIC Banque Privée

What CIC Banque Privée does

CIC Banque Privée is the private banking division of CIC (Crédit Industriel et Commercial), a French banking institution founded in 1859. It operates as part of the Crédit Mutuel Group federation, one of France's major banking groups, serving high-net-worth individuals with private banking, financial advisory, insurance, and wealth management services. The division is headquartered in Paris and serves the French market, operating within the parent group's broader banking infrastructure.

The business model is relationship-based private banking: client assets under management generate fee-based revenue through advisory mandates, discretionary portfolio management, and structured product offerings, supplemented by insurance and lending products cross-sold through the Crédit Mutuel distribution network. Go-to-market relies on the legacy CIC branch network and direct banker relationships rather than digital acquisition channels. The entity reports a headcount of 251-500 employees, consistent with a focused HNW advisory practice rather than a mass-market operation.

The available source material is limited to a browser-compatibility notice from cic.fr/banqueprivee and does not disclose product-level detail, pricing, AUM, fee schedules, management team, technology stack, or recent strategic initiatives. As a division of a mature banking group, it inherits regulatory licensing, compliance infrastructure, and a multi-channel distribution footprint, but the lack of disclosed operating metrics constrains granular investment analysis.

Name

CIC Banque Privée

Legal name

CIC Banque Privée

Website

https://cic.fr

Company type

Private

Founded year

1859

Operating status

Operating

Headcount range

251–500 employees

Short description

CIC Banque Privée is the private banking division of CIC (Crédit Industriel et Commercial), serving high-net-worth individuals in France with wealth management, advisory, and financial services under the Crédit Mutuel Group umbrella.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

Commercial Banks, Nec (6029)

akta.pro primary industry

Equity Capital Introduction & Prime Services (FSACAFAK)

Keywords

• Private banking
• Wealth management
• Financial services
• Insurance services
• Asset management

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel

Core offering

CIC Banque Privée is the private banking division of CIC (Crédit Industriel et Commercial), a French banking institution, providing financial, insurance, and banking services aimed at private banking clients.

Product overview

CIC Banque Privée is the private banking division of Crédit Mutuel CIC Group, a major French banking institution. The provided source content consists of a browser compatibility warning page rather than a product or service description page.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Banking Services Private banking, financial, insurance, and banking services offered to clients as the private banking division of CIC (Crédit Industriel et Commercial).

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Oddo BHF Private Bank: European private bank with a strong French heritage serving HNW clients, overlapping with CIC Banque Privée in target market and wealth advisory offering.
• Rothschild & Co: Heritage European private bank with strong French HNW and family-office franchise, directly competing with CIC Banque Privée for similar client relationships.
• Société Générale Private Banking: Domestic French private banking competitor offering wealth advisory, investment solutions and financing to HNW clients, head-to-head with CIC Banque Privée for the same client segment.
• BNP Paribas Wealth Management: Largest French private banking franchise by AUM, serving HNW and family-office clients with a full advisory and investment product suite — directly comparable in target customer and product mix to CIC Banque Privée.
• Natixis Wealth Management (Banque Privée 1818): Domestic French private bank within Groupe BPCE, directly comparable as a private banking peer serving French HNW households with similar advisory and wealth structuring services.
• Crédit Agricole Indosuez Wealth Management: Private banking arm of another major French banking group, targeting HNW and UHNW clients globally — directly comparable scale, product scope, and customer profile.
• Lazard Private Banking: Private wealth advisory and investment firm with significant French presence and a relationship-led HNW model, comparable in client profile and advisory-led offering.

Broad incumbents

• UBS Wealth Management: World's largest wealth manager with a broad private banking franchise; targets UHNW French clients and competes for cross-border wealth inflows into France.
• HSBC Private Bank: Global private banking incumbent with extensive European coverage; competes with CIC Banque Privée for cross-border HNW clients with French wealth planning needs.
• Pictet Group: Swiss private bank with a significant European HNW client base including French families; comparable in advisory-led private banking and asset management capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/cic-banque-privee

Revenue estimate

Valuation estimate

Number of profiles

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 CIC Banque Privée