Private Banker

(redirected from Private Bankers)

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 ?
22 August 2019 - Luxembourg-based pan-European private banking group KBL European Private Bankers (KBL epb) has agreed to acquire Zurich-based Bank am Bellevue, the wealth management business of the financial services firm Bellevue Group, the company said.
Didier von Daeniken, the bank's global head for private banking and wealth management, says StanChart plans to 30-40 private bankers every year in the next two to three years to add to its roughly 300 existing relationship managers, and most of the additions will be in Hong Kong and Singapore.
Private bankers simplify a customer's financial life through providing a single point of contact to banking services and various financial areas, such as estate planning, trust planning and investment strategies.
That's the dilemma facing overseas private bankers serving China: Household wealth of $29 trillion presents an unmissable opportunity, but the hazards of tapping it may also be unusually high.
BANKING AND CREDIT NEWS-July 12, 2018--Citi Private Bank appoints private bankers for its New York Office
Global Banking News-July 12, 2018--Citi Private Bank appoints private bankers for its New York Office
Private Banker International is regarded as one of the premier sources of news and analysis for private bankers, relationship managers and other industry professionals.
Such are qualities that distinguish a top private banker. These qualities, or at least their appearance, have for eight centuries opened the doors of the wealthy and given private bankers access to the money-drenched souls of the super-rich, from the doges of Venice, Belgian merchants, European royal families, American industry tycoons and third-world rulers to dot.com billionaires and post-communist oligarchs in Russia and China.
13 November 2014 - Belgium's Puilaetco Dewaay Private Bankers announced on Thursday it had signed an agreement to purchase the Belgian unit of Swiss peer UBS AG (VTX:UBSN), UBS Belgium, without disclosing the value of the deal.
Private Banker International (PBI) describes itself as a leading journal for the global wealth industry and is known as a working tool for private bankers, relationship managers and other industry professionals.
Optima also has added two private bankers to its staff: Scott Richards, who will be working at the Portsmouth headquarters, and Rachel Marie FAIR, who has been named a private hanker at the North Hampton branch.
Also, our private bankers benefit from the Group's network of financial, legal and technical experts, to offer customised banking and investment solutions.