Private Banking

Definition: Private Banking is an enhanced offering of a financial institution for their high-net-worth individual (HNWI) clients. It normally consists of personalized financial and investment services and products from a dedicated personal banker (who is sometimes referred to as a “Private Banker” or a “Relationship Manager”).
The main benefits are:
- PERSONALIZED SERVICE: Clients receive one-on-one attention from dedicated private bankers.
- ACCESS TO EXPERTISE: Private banks employ financial experts who provide sophisticated advice on investment, tax, and estate planning.
- EXCLUSIVE OPPORTUNITIES for investing
- COMPREHENSIVE SOLUTIONS: holistic wealth management.

💡

Learn more about Private Banking.

More on banking: Commercial Banking, Commodity Trading, Equity Trading, Fixed Income Trading, Foreign Exchange Trading, more on banking...

MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.

Add MBA Brief to your desktop / iPad