EFG Private Bank Limited

Reference number: 144036

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Scammers have impersonated this firm. The FCA has published 1 warning naming the fake phone numbers, emails and websites they used. See the warnings →

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When efgl.com first appeared online, and whether it can receive email
  • What kind of line 020 7491 9111 is, and the other firm that gives it
  • Who else gives the postcode W1K 6AP
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Other names (3)

If you were contacted under any of these names, it is this firm.

  • EFG Harris Allday Trading name
  • EFG Asset Management Former trading name
  • EFG Wealth Management Former trading name

Warning

Scammers have impersonated this firm

Fraudsters have used this firm's name or details with their own contact information to appear genuine. Check whatever you were given below, and against the firm's real details above.

Fake websites (1)
  • efginvestments.co.uk
The FCA warning these came from

Scammers change these details often. Always check the live FCA warning.

FCA permissions and consumer protection

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (22 permissions)
  • Accepting Deposits
  • Acting as a CBTL administrator
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Acting as a CBTL lender
  • Administering a regulated mortgage contract
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Arranging safeguarding and administration of assets
  • Causing dematerialised instructions to be sent
  • Credit Broking
  • Dealing in investments as agent
  • Dealing in investments as principal
  • Entering into a regulated mortgage contract as lender
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments
  • Managing investments
  • Safeguarding and administration of assets (without arranging)
  • Sending dematerialised instructions

FCA disciplinary action

FCA action

fine
1
in fines
£4.20m
most recent
April 2013
  • Fined £4.2m on 24 April 2013
    The Financial Services Authority (the FSA) has imposed a financial penalty of £4,200,000 on EFG Private Bank Ltd. The FSA's action took effect on 28 March 2013 and a copy of the Final Notice, which sets out the reason for the action, is displayed on the FCA's web site and can be accessed using the following link: http://www.fca.org.uk/your-fca/documents/final-notices/efg-private-bank The reason for this action is that the firm breached Principle 3 by failing to take reasonable care to establish and maintain effective anti-money laundering systems and controls in relation to customers that were identified by the Firm as presenting a higher risk of money laundering for the purposes of the Money Laundering Regulations.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
02321802
Company status
Active
Company type
Private limited company
Incorporated
25 November 1988 (37 years old)
Registered office
Park House, 116 Park Street, London, W1K 6AP, England
Nature of business
  • Banks (SIC 64191)

Directors and company secretaries

Name Role Born Appointed Other companies
Dimitrios Politis Director Aug 1971 8 Dec 2017 None
Eric Edmund Barnett Director Jun 1961 7 Aug 2019 3 other companies
Paula Hadjisotiriou Director Oct 1957 14 Mar 2023 None
Wilhelm Christian Berchem Director May 1965 7 Dec 2023 3 other companies
Richard Brian Metcalf Director Mar 1966 10 May 2024 4 other companies
Thomas Knut Glenn Cooper Director Mar 1962 1 Jan 2025 None
Andrew James Mcintyre Director Sep 1956 1 Jan 2025 None
David George Spiteri Director Jul 1973 6 May 2025 2 other companies
Ian Michael Hale Director Aug 1966 9 Jun 2026 None
Amanda Evans Secretary Not published 1 Oct 2018 –

Other companies run by these 9 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
11
closed down
2
went insolvent
1

In the full report: all 11 companies, named

  • What each company does, and whether it is still trading
  • Which of these 9 directors sit on each board, and since when
  • The one that went into liquidation or administration
  • The 2 on the FCA register
  • The 1 company these 9 directors run together
  • All 76 people who have ever been directors, with their dates
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Key dates in its history

EFG Private Bank’s history from the FCA register and Companies House, newest first.

Key events (9) All events (153)

2016

6 April 2016

  • Efg International AG took control (75–100% of shares)

Companies House

2013

24 April 2013

  • Fined £4.2m by the FCA

FCA register

1 April 2013

  • Regulated by the FCA from this date
  • Regulated by the Prudential Regulation Authority from this date

FCA register

2011

5 May 2011

  • FCA warned the public about a scam impersonating this firm

FCA warning list

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

1988

25 November 1988

  • Incorporated at Companies House
  • Regulated by the Investment Management Regulatory Organisation from this date

Companies House · FCA register

In the full report: all 153 events

  • All 153 events in its history (9 shown here)
  • Every director appointment and resignation: 136
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Firms connected to EFG Private Bank

Other FCA-listed firms that share a director, phone number or address with EFG Private Bank. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share a director
1
share its phone number
1

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (1), the same phone number (1), the same postcode (1)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like EFG Private Bank

Other firms of the same type (bank or building society), nearest first.

In London

Wells Fargo Bank, National AssociationLondonAuthorisedCredit Suisse (UK) LimitedLondonAuthorisedUBS AGLondonAuthorisedDB UK Bank LimitedLondonAuthorisedDeutsche Bank AGLondonAuthorisedJ.P. Morgan Securities PLCLondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on EFG Private Bank

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 11 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 153 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is EFG Private Bank Limited FCA authorised?
Yes, EFG Private Bank Limited (FRN 144036) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as a bank or building society. The FCA has placed no limits on its permissions.
What is EFG Private Bank’s phone number and website?
The FCA register lists the phone number 020 7491 9111 and the website efgl.com for EFG Private Bank. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is EFG Private Bank a scam or clone?
Scammers have impersonated EFG Private Bank: the FCA has published a warning about fake versions of it, using contact details that are not the firm's. Only trust the details the FCA register gives for EFG Private Bank, shown on this page.
Is my money safe with EFG Private Bank?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about EFG Private Bank to the Financial Ombudsman Service, free of charge.
Who owns EFG Private Bank?
EFG Private Bank is owned by Efg International AG, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 6 April 2016.
Who runs EFG Private Bank?
Companies House lists 9 directors of EFG Private Bank: Dimitrios Politis, Eric Edmund Barnett, Paula Hadjisotiriou, Wilhelm Christian Berchem, Richard Brian Metcalf, Thomas Knut Glenn Cooper and 3 more.
How long has EFG Private Bank been in business?
The company was formed on 25 November 1988, and has held its current FCA authorisation since December 2001.
Has the FCA taken action against EFG Private Bank?
Yes. The FCA register records 1 fine in 2013, £4.2m in total. The details are in the disciplinary section above, with links to the FCA's notices.
Does EFG Private Bank use any other names?
It trades as EFG Harris Allday. It has previously used 2 other names: EFG Asset Management and EFG Wealth Management.

Sources and links

The full report on EFG Private Bank Limited

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