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 ?
Patricia Chambers and Valerie Groh have joined City National as senior vice presidents and senior private bankers with the banks New York Private Client Services team.
2 trillion, making the region a lucrative market for both local and global private bankers, but to fully capitalise on new opportunities, banks need to devise new strategies for the fast growing affluent class according to a study by management consultancy Strategy&, formerly Booz & Company.
20, 2015 /PRNewswire/ -- Synopsis This report provides insights into the complex needs of UHNWIs and provides in-depth analysis of the attitudes of wealth managers and private bankers towards business strategies to target UHNWIs.
Global Banking News-November 10, 2014--Deutsche Asset & Wealth Management adds Private Bankers in New York
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.
Launched in 1987, it is the longest established international wealth industry title and has won a reputation as a cutting-edge 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.
Rory Gilbert, Managing Director and Head of Middle East and North Africa for Wealth and Investment Management, Barclays, said, "With our latest appointments, we are enhancing our focus on the entire MENA region by placing dedicated private bankers in specific markets.
Summary: Recruiting private bankers in the Gulf is no easy matter.
The annual and independent award is based on a rigorous selection process and highlights up-and-coming private bankers under the age of 40 who are leaders in the industry.
The bank expects to hire another 300 private bankers globally by 2013, bringing the total to 750, Nelson said at a conference in October.