For financial services to high-net-worth clients, see Private banking.
Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets.
private, bank, financial, services, high, worth, clients, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, news. For financial services to high net worth clients see Private banking This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Private bank news newspapers books scholar JSTOR February 2021 Learn how and when to remove this template message Private banks are banks owned by either the individual or a general partner s with limited partner s Private banks are not incorporated In any such case creditors can look to both the entirety of the bank s assets as well as the entirety of the sole proprietor s general partners assets These banks have a long tradition in Switzerland dating back to at least the Revocation of the Edict of Nantes 1685 Private banks also have a long tradition in the UK where C Hoare amp Co has been in business since 1672 Contents 1 Notable private banks 1 1 China 1 2 France 1 3 India 1 4 Germany 1 5 Italy 1 6 Liechtenstein 1 7 Netherlands 1 8 Switzerland 1 9 United Kingdom 1 10 United States 2 See also 3 References 4 External linksNotable private banks EditThis list contains two types of banks Unincorporated banks owned by either an individual or a general partner s with limited partner s Incorporated banks specialized in wealth management for high net worth individuals China Edit Bank of Communications founded in 1908 China Merchants BankFrance Edit Compagnie Financiere Edmond de Rothschild Paris founded in 1953 a member of Edmond de Rothschild Group Societe GeneraleIndia Edit AXIS BANK Kotak Mahindra Bank ICICI Bank HDFC BANK BANDHAN BANKGermany Edit Schwabische Bank now part of M M Warburg Delbruck Bethmann Maffei Frankfurt founded in 1748 a member of ABN AMRO M M Warburg amp Co Hamburg founded in 1798 Sal Oppenheim Cologne founded in 1789 a member of Deutsche BankItaly Edit Banca Sella Group founded in 1886 Liechtenstein Edit LGT Bank Vaduz founded in 1920 owned by Princely Family of LiechtensteinNetherlands Edit Maduro amp Curiel s Bank Willemstad Curacao founded in 1917 MeesPierson Rotterdam founded in 1720 a member of ABN AMRO Van Lanschot Kempen founded in 1737 It is the oldest independent bank in the Netherlands 1 and the Benelux 2 3 and one of the oldest independent banks in the world 4 Switzerland Edit Banque privee Edmond de Rothschild Geneva founded in 1923 a member of Edmond de Rothschild Group Baumann amp Cie Banquiers Basel founded in 1920 EFG International Zurich founded in 1995 a member of EFG Group Geneva Hyposwiss Private Bank Geneve SA founded in 1889 Julius Baer Zurich founded in 1890 La Roche amp Co Basel founded in 1787 Landolt amp Cie Lausanne founded in 1780 Lombard Odier amp Cie Geneva founded in 1796 Pictet amp Cie Geneva founded in 1805 Union Bancaire Privee Geneva founded in 1969 MBaer Merchant Bank AG Zurich founded in 2018United Kingdom Edit Arbuthnot Latham amp Co London founded in 1833 Brown Shipley London founded in 1810 a member of KBL epb Group Cater Allen London founded in 1816 a member of Santander Child amp Co London founded in 1664 a member of NatWest Group C Hoare amp Co London founded in 1672 Coutts amp Co London founded in 1692 a member of NatWest Group Hampden amp Co Edinburgh founded in 2015 Weatherbys Established in 1770 as a bank to the horse racing industry now based in NorthamptonshireUnited States Edit Rosenthal and Rosenthal private bank Brown Brothers Harriman amp Co New York City founded in 1818See also EditBank secrecy Family office Offshore bank Private banks Public bank Swiss bankReferences Edit Burggraf Helen 7 June 2017 UBS to sell its Netherlands wealth management biz International Investment Retrieved 3 February 2021 A Chinese carmaker agrees to buy a Danish investment bank The Economist 5 October 2017 COMPANY NEWS Belgian Bank Deal The New York Times 25 April 1990 p 5 Retrieved 3 February 2021 Miller Zoe 30 May 2019 The 20 oldest banks in the world still operating today Retrieved 2 January 2021 External links EditSwiss Private Bankers AssociationPortals Banks Money Retrieved from https en wikipedia org w index php title Private bank amp oldid 1108574513, wikipedia, wiki, book, books, library,
