Private bank

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 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

Germany

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

Italy

Liechtenstein

Netherlands

Switzerland

United Kingdom

United States

Rosenthal and Rosenthal private bank

See also


This page was last updated at 2024-03-20 19:05 UTC. Update now. View original page.

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