The operation of a bank. The Company's activities include all banking, financial, credit, advisory, service and trading activities related to its purpose, in Switzerland and abroad. The Company's main activities are private banking and wealth management activities, which include all banking, management and administration of assets, asset advisory services, trading in securities, accounting, estate liquidations and tax matters. The Company may carry out any commercial and financial transaction, directly or indirectly related to its purpose. In particular, it may acquire, hold, manage and sell real estate and participations in companies of any kind, in Switzerland or abroad, be a member of one or more stock exchanges and establish subsidiaries, branches, agencies and representative offices in Switzerland and abroad. The Company may grant loans or any other form of financing to companies of the same group, as well as provide any type of security, for the direct or indirect benefit of companies of the same group or third parties, in particular in the form of guarantees or pledges on the Company's assets.