private bank

Switzerland has long been a centre for hedge funds thanks to its private banks and rich individuals.

Despite their different owners, the state-controlled and the private banks seem to be behaving in a remarkably similar way.

Today, many private banks are building up their European operations to help mitigate the impact of any new amnesties.

We compare the earnings management of a group of private banks with that of a group of similarly-sized public banks.

Wealthy clients usually put their money into two or three private banks rather than with one single institution.

The essence of the contemporary monetary system is creation of money, out of nothing, by private banks' often foolish lending.

Surely, local governments and private banks and businesses can't finance such a large package in the midst of a historic recession.

In a 2004 speech, Mr. Oddsson, then prime minister, said the country's private banks 'have been expanding overseas on a growing scale.

During the tech boom , when private banks began to court the newly affluent , they also moved into industrialised mass- marketing mode .

Private banks say some families are beginning to educate their children about money before they even reach secondary school.

It has implications for how private banks are valued and the targets they set themselves, he said.

In Brazil businesses find it hard to get loans from private banks for longer than a year, and interest rates remain high.

"But [for private banks] it is all about choosing their territories carefully. "

But private banks are not the only providers of these services.

Seven years on, private banks have emerged with a solid focus on investment performance and a new mantra: asset allocation.

After years of fierce competition from the private banks, they have begun to get their act together.

The "risk sharing" on the part of the private banks and the IFC is one of the major innovations of the program, Debevoise said.

When some of these private banks advertise, they emphasize that accounts are protected from tax collectors.

The only way forward for private banks is to grow the active rather than the passive wealth management arms of their businesses.

Private banks , too, are trying novel approaches to help clients inculcate their values in succeeding generations .

The explosion in the number of wealthy families across the globe has prompted many private banks to offer similar programmes.

ATMs, which were introduced into the country by foreign banks were popularised among the middle class by new generation private banks.

"The government is in effect asking private banks to lend it money at a subsidised rate, " moans one banker. "But we have no other option. "

The bank claims its percentage of discretionary clients is much higher than the 5 per cent average for most private banks in the region.

While taxpayers should not be fiduciaries of ostensibly private banks, their monies surely entitle them to boardroom representation.

The focus for private banks in the future would be on doing offshore business and chasing the lower end of the wealth market.

The company, rebranded as WhiteConcierge, is a global concierge business serving banks and private banks.

Meanwhile the private banks seem perkier, with their share of loans beginning to rise.

As oil and commodity prices surged during the first part of the year, private banks said clients were worried about inflation.

Over the next year private banks will almost certainly win back market share.

Moreover, private banks will almost certainly accept some loans with lower down payments -- even without a government backing.

The regional market is expanding fast enough to accommodate the growing ranks of private banks.

The implication is greater systemic risk, as the private banks increase their exposure to imbalances in (principally) the property sector.

Bush is to the left of me now. Comrade Bush announced he will buy shares in private banks.

The Fed benefited from interest payments by private banks forced to take out emergency government loans during the global financial crisis.

Most UK private banks now offer either in-house philanthropy advice, or can put their clients in touch with a specialist.

Second, informal finance, which includes private lending, private banks, private fund raising and other private finance as the main form .

But far worse: the state banks and other private banks began to outcompete the national banks for financial business.

I work with a couple of private banks, and have begun to discuss long-term financial planning with them.

Private banks that deal with Syria's regime, most of them Lebanese subsidiaries, may be targeted if the killing persists.

He knew that to surrender this power to private banks was ultimately to surrender the sovereignty of America.

This came about partly as a result of the world financial crisis, when private banks temporarily cut back their lending.

Instead, the private banks are increasingly lending for speculative purchases where the yields are naturally higher.

Certainly the small independent private banks have the advantages of being flexible to respond to client needs and provide bespoke services.

Shouldn't private banks want to have some sort of check, some curb, upon their lord and master?

The Federal Reserve, which serves private banks, has compromised our economy and is undermining our freedom.

European leaders are talking about temporarily guaranteeing future debts among private banks as a way to unlock the frozen credit markets.

Politically motivated lending could result in even larger loan losses in the future, and private banks would be put at a disadvantage.

They were catered to by smaller independent private banks who prided themselves on their high-touch personal service .

Swiss private banks made easy money in the bull market, when client portfolios soared and, with them, fees. They are in less good shape now.

In response private banks are expanding into emerging markets and consolidating at home, says Huw van Steenis of Morgan Stanley.

Even the Swiss private banks -- Credit Suisse (CS) and UBS (UBS) -- are more asset-management companies.

Private banks have long prided themselves on discretion and tailor-made financial management for the very wealthy.

While its seven governors are all appointed by the US president, private banks do hold shares in its 12 regional reserve banks.

Private banks so far lack the state banks' huge branch networks, but they are working on it.

Several private banks are recognising that clients are looking for more than simple, transactional banking.

Those who target ageing baby-boomers often do so through their private banks, where relationships are already established.

Singapore has attracted asset managers, private banks and hedge funds in recent years with tax incentives and strict secrecy rules.

This is called special money and is usable by private banks as reserves.

In many cases private banks may be part of larger groups that see an advantage in having a captive client base for their other activities.

India's private banks would all be eligible for an upgrade given the country's interventionist bent.

The Madoff broker network also included many funds of funds and private banks that oozed financial sophistication.

Mr Coutinho, the BNDES's president, hopes that in due course the private banks will start to provide long-term loans again.

Originally, China's private banks filled the shortfall left by state banks, lending to the country's dynamic, but cash-hungry SMEs.

More generally, the global clampdown on tax evasion requires Swiss private banks to reinvent themselves.

Even before this month's developments on bank secrecy, most private banks were curbing their expansion plans.

Wright says product specialists within private banks are especially popular.

"Certainly, the demand among clients is there and for private banks the key question for them is what role do they play in this trend. "

Most established private banks insist their individual wealth managers do not stray too far from a house view.

Yet, it would take time and costly efforts even for the large private banks to challenge the top brands.

While private banks retrench, state ones are expanding their lending vigorously.

in response to the spread of bank notes across United States from private banks.

Private banks say the products allow them to implement in-house portfolios and strategies with greater ease.

The rush of private banks into Singapore has meant price competitiveness in the sector has increased.

During the economic transition period, there is obvious oppression on market entrance of private banks.

"This will require a level of systems and automation that most private banks simply do not have. "

"A number of people have been leaving the private banks to set up private consultancies or work in family offices, " Aquilina said.

That means India's and Brazil's private banks, although smaller than China's, may have an easier time expanding abroad.

Most Americans secure home mortgages through private banks.

It has been another tumultuous year for the world's biggest private banks.

A lack of trust in private banks compounds the challenge of attracting new money.

Plunging asset prices affect the private banks' two main sources of earnings.

They are available to the wealthy, and central to the activities of private banks and wealth managers.

Here, three of them reveal their opinions on investments and private banks.

In the second step, the private banks create money in the form of demand, and other checkable, deposits.

A prevailing theme for private banks now is how to manage risk in clients' portfolios, particularly in volatile global stock markets.

According to the Associated Press, Moody's gave Argentina's private banks a negative outlook earlier this month.

But strikingly similar remarks have been made in recent months by wealth managers, including many at private banks.

These were private banks, why should we have to pay for their mistakes.

Asia has become a testing ground for new products offered by private banks.

gaining market share at the expense of private banks.

Some Landesbanken and Sparkassen have merged and even taken over private banks.

And SBI, although it denies it furiously, loaned heavily and patriotically during 2008-09 to offset a slump in credit from private banks.

The study found that private banks planned to move into these more lucrative markets through acquisitions.

Between September 2008 and January 2010, credit from private banks grew by less than 10%.

It remains unclear whether consolidation will make private banks more efficient.

Yet private banks have yet to crack the wealthy-women code.

Private banks have undergone significant changes in the past few years.

You can also include the traditional Swiss private banks who have benefited a lot from the outflows from larger banks.

Not all Switzerland's private banks responded in time.

More generally, private banks and independent wealth managers are offering places on courses to those aged between 18 and 30.

Some Swiss private banks also resembled family offices when they first developed in the 18th and 19th centuries.

Private banks may not lend to farmers, and the government agriculture bank is moribund.

And what will Swiss private banks do when they leave?

Brazil's top private banks fared well too.

Lending rates are capped at 14% for state banks and 17% for private banks.

Banker: That's true. Some endemic banks and private banks appeared in China besides the national banks.

Generally private banks aim their courses at people in their early 20s and older.

As economists have long notedChina uses private banks in London and Hong Kong to conduct some of its foreign purchases.

Private banks are becoming more and more important in adjusting commercial bank market structure.

When we are dedicated to develop the private banks, the traditional stock reform is very difficult to reach anticipated aims.

Other private banks are even enabling their ultra-high-net-worth clients to take part in sovereign wealth fund deals.

The private banks will advise not just on how to minimise tax.

Initial public offerings raised $147bn in Asia-Pacific in 2007 - a big source of fresh customers for private banks.

I have only ever used global private banks.

Private banks in Switzerland, meanwhile, had a cost-to-income ratio of 74 per cent last year, according to a PwC survey.

To start private banks in China.

This letter should be required reading at private banks' boot camps for heirs .

How to Develop Private Banks in China?

To expand private banks is an important tendency of banking reform in our country.

Establishment of Private Banks and the Countermeasures for Financial Loans toward Medium and Small Enterprises in a Transformational Economy

The Empirical Study of Performance of Chinese Private Banks on Small and Medium Enterprises Financing

On Countermeasures of Containing Money Laundering From Relation between Illegal Private Banks and Money Laundering

After all, hedge-fund investors tend to fall into three categories: rich individuals, who usually take advice from private banks;

Private Banks'Operation Model of Credit Suisse Group and its Enlightenment

This can be an advantage to private banks once clients are on the books;

Market Orientation of Private Banks and its Relation to Private Economy

Development Route and Institutional Design of Private Banks in Heilongjiang Province

A Probe into Practical Approaches of Anti-money Laundering on the Destructiveness of Illegal Private Banks

On Necessity of Implementing the Insurance System of the Deposit in Wenzhou Private Banks and Risks Precaution

An Inquiry into Relationships between Capital Fleeing and Underground Private Banks

An Important Source to Develop Private Banks: Privatization of City Commercial Banks

Banks, commercial banks, private banks and other financing intermediary

Entrance for Private Banks: The Route and Institutional Setups

Comparative Advantages in Private Banks and the Fixed Positions in the Market

The Role of Foreign Companies and Banks in the Modernization of China's Private Banks

About the Feasibility of Setting up Private Banks in Anhui Province

The Problem of Illegal "Private Banks" in the Countryside can't be Ignored

Changes of Financial Institution and Development of China's Private Banks

Legal Problems in the Market Access of Private Banks

On the Problem of Oppression on the Market Entrance of Private Banks

On five main reasons to develop private banks

France has private banks that lend to private firms (something pretty rare in China. )

Private banks agreed to write off 50% of Greek debt last week,

An Economic Analysis on the Governing Structure of Private Banks in China

Development of private banks in China

The development style of private banks in China