Private Banker

Private Banker

1. A person who works for a private bank, which is any bank structured as a sole proprietorship or a partnership. If a private banker is also the sole proprietor or general partner, he/she is personally liable for the bank's losses.

2. An investment banker who offers services to high net worth individuals. See also: Private Banking.
References in periodicals archive ?
Prior to joining City National, Chambers served as a senior vice president and wealth advisor with Wells Fargo, and Groh served as a senior vice president and senior private banker with Wells Fargo.
Global Banking News-July 9, 2015--Webster hires private banker
Wealth Management department at BNP Paribas bank has won the prize for "outstanding private bank in Europe" at the 2014 Private Banker International Awards, the bank announced in a Friday statement.
Coutts was announced as one of the finalists together with BMO Private Banking, BNP Paribas Wealth Management, Citi Private Bank and DBS Private Banking in the category "Most Innovative Digital Offering" at the 2014 Private Banker International Global Wealth Awards, which was held in conjunction with the 24[sup.
Stephen MacDonald has been hired as a private banker at Optima's North Hampton branch.
Singapore, Oct 16, 2013 - (ACN Newswire) - Private Banker International (PBI), the leading journal for the global wealth management industry has announced the winners for the 2013 Private Banker International Global Wealth Awards, held in conjunction with the 23rd Global Wealth Summit.
Summary: The Dubai Financial Services Authority, or DFSA, announced on Monday that Nikhil Das, a former private banker, will pay a penalty of Dh73,400 ($20,000) and be restricted, for a period of six years, from performing any functions in, or in connection with, the provision of a financial service in the Dubai International Financial Centre.
Our approach is based on the personal relationship between our clients and their private banker - to manage their wealth effectively and to custom-make wealth management plans including financial analysis and specialist recommendations, according to clients' personal financial and lifestyle objectives.
He has also worked as a private banker at Citigroup, and started his career at Merrill Lynch Dubai.
An accomplished private banker is more likely to move because a firm offers a better platform, clearer strategy and more stability - ultimately the real private bankers make these choices based on what their clients want.
Eddy Abramo, CEO of Societe Generale Private Banking Middle East, has won the "Outstanding Young Private Banker" award 2011 from Private Banker International (PBI).
BARCLAYS Wealth has announced a new addition to its expanding Birmingham office with the recruitment of Ian Walker, who has joined as Private Banker.