REYL &amp; CieREYL &amp; Cie REYL & Cie The Reyl Group, styled REYL Intesa Sanpaolo, is a financial services company founded in Geneva in 1973. Reyl provides financial advisory and investment services to private and institutional clients. Reyl specializes in wealth management, corporate and family governance, corporate advisory and structuring, asset services and asset management. The firm manages assets in excess of CHF $15 billion (including minority affiliates) and employs more than 200 professionals in its offices in Switzerland, Europe, Singapore, Dubai and the United States. REYL & Cie Ltd is licensed as a bank in Switzerland and as such performs its activities under the direct  control of the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank (SNB). The REYL Group's affiliates are also regulated by the LPCC in Switzerland, the FCA in the UK, the CSSF in Luxembourg, the MFSA in Malta, the MAS in Singapore, the SEC in the United States and the DFSA in Dubai. History. Dominique Reyl founded the "Compagnie Financière d'Etudes et de Gestion" (CFEG), a portfolio management company in Geneva in 1973. In January 1988 CFEG's activities were transferred into REYL & Cie and in 1999, REYL & Cie was granted the authorised securities dealer status. François  Reyl, son of Dominique, joined REYL in 2002. In 2003 the "Asset Management" business line was launched, followed by the "Corporate & Family Governance" business line in 2006. In 2008, François Reyl was appointed Chief Executive Officer and REYL moved its headquarter to upscale rue du Rhône, in Geneva. A year later, REYL opened an office in Luxemburg and an independent subsidiary in Singapore. After having been granted a banking licence in 2010, REYL & Cie continued its expansion by opening a first Swiss branch in Zurich and founding "REYL Overseas Ltd.", a licensed Registered Investment Advisor with the U.S. Securities and  Exchange Commission, enabling the Group to provide investment advisory services to US tax-compliant individuals. The affiliate opened its first branch in Dallas in 2016. The fourth business line "Corporate Advisory & Structuring", widening the scope of services provided, was launched in 2012, the same year as the opening of a second Swiss branch in Lugano. In 2013, REYL established a UK presence with the incorporation of REYL & CO (UK) LLP. The same year, the Group's name was associated with the Cahuzac affair, involving former French Finance Minister Jérôme Cahuzac; charges were rapidly dropped in Switzerland in 2014, the Bank  was sentenced to a fine in France in 2017. In 2015 REYL expanded into its fifth business line, "Asset Services", as part of its diversification strategy, obtained a fund custodian license in Malta and opened REYL Finance (MEA) Ltd, awarded with a commercial license from the Dubai Financial Services Authority. REYL was awarded "Most Innovative Business Model" by Private Banker International and "Best Client Initiative" by Wealth Briefing Swiss Awards in 2016. In 2017, REYL made a minority investment in Aspiration, an online banking platform based in Los Angeles, which was awarded as one of the most innovative companies of  the world by Fast Company. The same year REYL was awarded "Outstanding Boutique Private Bank in Switzerland". In 2018, REYL was again awarded "Best Private Bank - Client Service, Outstanding Mid-Tier Private Bank Western Europe Region" and "Outstanding Private Bank for UHNW Clients" made a partnership with Hermance Capital Partner, an investment fund platform focused on non-listed assets and sold a material stake in RAM Active Investments to Mediobanca. On 5 October 2020 it was announced Intesa Sanpaolo SpA's private bank arm had reached an agreement to buy 69 percent of the company. The deal became effective in  the Spring of 2021, following regulatory approval of the ECB and FINMA. In January 2022, REYL finalized the acquisition of a 40 percent stake in the Geneva-based private bank "1875 Finance". Offshore business / Conviction. In connection with the "Cahuzac affair" involving the French finance minister Jérôme Cahuzac, a French court in December 2016 sentenced the bank to a fine of 1.875 million euros and the general manager François Reyl to a suspended prison sentence of one year and a fine of 375,000 euros. The court found that Bank Reyl had served as an "instrument for the concealment of assets