Private bank

Private banks are the banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, the 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 & Co. has been in business since 1672.

Notable private banks

This 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

France

India

Germany

Schwäbische Bank (now part of M.M.Warburg)

Italy

Liechtenstein

  • LGT Bank, Vaduz, founded in 1920; owned by Princely Family of Liechtenstein

Netherlands

Switzerland

United Kingdom

  • Arbuthnot Latham & 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 & Co.., London, founded in 1664; a member of Royal Bank of Scotland
  • C. Hoare & Co., London, founded in 1672
  • Coutts & Co., London, founded in 1692; a member of Royal Bank of Scotland
  • Hampden & Co., Edinburgh, founded in 2015
  • Weatherbys, Established in 1770 as a bank to the horse racing industry, now based in Northamptonshire

United States

Rosenthal and Rosenthal private bank

See also

References

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