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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. These banks have a long tradition in
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
, dating back to at least the
Revocation of the Edict of Nantes The Edict of Fontainebleau (22 October 1685) was an edict issued by French King Louis XIV and is also known as the Revocation of the Edict of Nantes. The Edict of Nantes (1598) had granted Huguenots the right to practice their religion without s ...
(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 Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high ...
for high-net-worth individuals.


China

*
Bank of Communications Bank of Communications Limited (BoComm) (; often abbreviated as ), is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in m ...
, founded in 1908 *
China Merchants Bank China Merchants Bank (CMB) () is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China. CMB has over five hun ...


France

*
Compagnie Financière Edmond de Rothschild The Edmond de Rothschild Group is a financial institution specialized in private banking and asset management. Based in Geneva, the group is family-owned and independent, and encompasses the Edmond de Rothschild Foundations (philanthropic arm), ...
,
Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...
, founded in 1953; a member of Edmond de Rothschild Group *
Société Générale Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale ...


India

* AXIS BANK * Kotak Mahindra Bank *ICICI Bank *HDFC BANK *BANDHAN BANK


Germany

* Delbruck Bethmann Maffei,
Frankfurt Frankfurt, officially Frankfurt am Main (; Hessian: , " Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on it ...
, founded in 1748; a member of
ABN AMRO ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizati ...
* M. M. Warburg & Co.,
Hamburg Hamburg (, ; nds, label=Hamburg German, Low Saxon, Hamborg ), officially the Free and Hanseatic City of Hamburg (german: Freie und Hansestadt Hamburg; nds, label=Low Saxon, Friee un Hansestadt Hamborg),. is the List of cities in Germany by popul ...
, founded in 1798 * Sal. Oppenheim,
Cologne Cologne ( ; german: Köln ; ksh, Kölle ) is the largest city of the German western state of North Rhine-Westphalia (NRW) and the fourth-most populous city of Germany with 1.1 million inhabitants in the city proper and 3.6 millio ...
, founded in 1789; a member of
Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York St ...


Italy

*
Banca Sella Group Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group ( it, Gruppo Banca Sella). The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont. According to research by Mediobanca, B ...
, founded in 1886.


Liechtenstein

*
LGT Bank LGT Group is the largest family-owned private banking and asset management group in the world. LGT, originally known as The Liechtenstein Global Trust, is owned by the princely House of Liechtenstein through the Prince of Liechtenstein Foundati ...
,
Vaduz Vaduz ( or , High Alemannic pronunciation: [])Hans Stricker, Toni Banzer, Herbert Hilbe: ''Liechtensteiner Namenbuch. Die Orts- und Flurnamen des Fürstentums Liechtenstein.'' Band 2: ''Die Namen der Gemeinden Triesenberg, Vaduz, Schaan.'' Hrsg. ...
, founded in 1920; owned by
Princely Family of Liechtenstein The House of Liechtenstein, from which the principality takes its name, is the family which reigns by hereditary right over the principality of Liechtenstein. Only dynastic members of the family are eligible to inherit the throne. The dynasty's me ...


Netherlands

* Maduro & Curiel's Bank,
Willemstad Willemstad ( , ; ; en, William Town, italic=yes) is the capital city of Curaçao, an island in the southern Caribbean Sea that forms a constituent country of the Kingdom of the Netherlands. It was the capital of the Netherlands Antilles pr ...
, Curacao founded in 1917 *
MeesPierson MeesPierson is a Netherlands-based Private banking, private bank headquartered in Rotterdam. Until 2009, the bank was known as Fortis MeesPierson. The name derives from the November 1992 merger of merchant banks Mees & Hope & Co., Hope (founded by ...
,
Rotterdam Rotterdam ( , , , lit. ''The Dam on the River Rotte (river), Rotte'') is the second largest List of cities in the Netherlands by province, city and List of municipalities of the Netherlands, municipality in the Netherlands. It is in the Prov ...
, founded in 1720: a member of
ABN AMRO ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizati ...
*
Van Lanschot Kempen Van Lanschot Kempen N.V. is a specialised, independent wealth manager that provides private banking, investment management and investment banking services to wealthy individuals and institutions. It is headquartered in 's-Hertogenbosch, the Nether ...
, founded in 1737. It is the oldest independent bank in the
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
and the
Benelux The Benelux Union ( nl, Benelux Unie; french: Union Benelux; lb, Benelux-Unioun), also known as simply Benelux, is a politico- economic union and formal international intergovernmental cooperation of three neighboring states in western Europe ...
and one of the oldest independent banks in the world.


Switzerland

*
Banque privée Edmond de Rothschild The Edmond de Rothschild Group is a financial institution specialized in private banking and asset management. Based in Geneva, the group is family-owned and independent, and encompasses the Edmond de Rothschild Foundations (philanthropic arm), ...
,
Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaking part of Switzerland. Situa ...
, founded in 1923; a member of Edmond de Rothschild Group * Baumann & Cie, Banquiers, Basel, founded in 1920 *
EFG International EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses operates in around 40 locations worldwide, with more than ...
, Zurich, founded in 1995; a member of EFG Group, Geneva *Hyposwiss Private Bank Genève SA, founded in 1889 * Julius Baer, Zurich, founded in 1890 * La Roche & Co.,
Basel , french: link=no, Bâlois(e), it, Basilese , neighboring_municipalities= Allschwil (BL), Hégenheim (FR-68), Binningen (BL), Birsfelden (BL), Bottmingen (BL), Huningue (FR-68), Münchenstein (BL), Muttenz (BL), Reinach (BL), Riehen (B ...
, founded in 1787 *
Landolt & Cie Landolt & Cie, Banquiers was a Swiss private bank specializing in asset management for wealthy private customers, headquartered in Lausanne and founded in 1780 in Lausanne. On October 15, 2020 the shareholders made public that the private bank ...
,
Lausanne , neighboring_municipalities= Bottens, Bretigny-sur-Morrens, Chavannes-près-Renens, Cheseaux-sur-Lausanne, Crissier, Cugy, Écublens, Épalinges, Évian-les-Bains (FR-74), Froideville, Jouxtens-Mézery, Le Mont-sur-Lausanne, Lugrin (FR ...
, founded in 1780 * Lombard Odier & Cie, Geneva, founded in 1796 *
Pictet & Cie The Pictet Group, known as Pictet, is a Swiss multinational private bank and financial services company founded in Switzerland. Headquartered in Geneva, it is one of the largest Swiss banks and primarily offers services in wealth management, ass ...
, Geneva, founded in 1805 *
Union Bancaire Privée Union Bancaire Privée (UBP SA) is a private bank and wealth management firm headquartered in Geneva. UBP is one of the largest private banks in Switzerland, and serves private and institutional clients. The bank was founded in 1969 by Edgar de ...
, Geneva, founded in 1969 * MBaer Merchant Bank AG, Zurich, founded in 2018


United Kingdom

* Arbuthnot Latham & Co.,
London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
, founded in 1833 *
Brown Shipley Brown Shipley is a member of Quintet Private Bank. It is headquartered in London's Moorgate, behind the Bank of England. Brown Shipley offers wealth planning, investment management and lending services for private, corporate and institutional cl ...
, London, founded in 1810; a member of KBL epb Group *
Cater Allen Cater Allen is a private bank operating in the United Kingdom. It is a subsidiary of Santander UK. Tracing its history back to a bank founded in Blackburn in 1816,http://www.caterallen.co.uk/DocumentDownload.aspx?docID=48 (pdf) it was independent ...
, London, founded in 1816: a member of Santander * Child & Co., London, founded in 1664; a member of
NatWest Group NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and ...
* C. Hoare & Co., London, founded in 1672 * Coutts & Co., London, founded in 1692; a member of
NatWest Group NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and ...
* Hampden & Co., Edinburgh, founded in 2015 * Weatherbys, Established in 1770 as a bank to the horse racing industry, now based in Northamptonshire


United States

* Brown Brothers Harriman & Co.,
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
, founded in 1818


See also

*
Bank secrecy Banking secrecy, alternately known as financial privacy, banking discretion, or bank safety,Guex (2000), p. 240 is a conditional agreement between a bank and its clients that all foregoing activities remain secure, confidential, and private. Mo ...
*
Family office A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfe ...
*
Offshore bank An offshore bank is a bank regulated under international banking license (often called offshore license), which usually prohibits the bank from establishing any business activities in the jurisdiction of establishment. Due to less regulation and ...
*
Private banks Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that ...
*
Public bank A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners. It is an enterprise under government control.
*
Swiss bank Banking in Switzerland dates to the early eighteenth century through Switzerland's merchant trade and has, over the centuries, grown into a complex, regulated, and international industry. Banking is seen as emblematic of Switzerland, along wit ...


References


External links


Swiss Private Bankers Association
{{DEFAULTSORT:Private Bank Banks