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Private Banking is a form of Wealth Management that provides tailored financial services to high net worth individuals. Private Banking services include investment advice, portfolio management, estate planning, tax planning, and trust services. Private Banks also offer access to exclusive products and services such as private equity, venture capital, and hedge funds. Private Banks provide a more personalized approach to Wealth Management, with dedicated relationship managers and a higher level of service.
Private Banking is a growing sector of the Wealth Management industry, with many banks and financial institutions offering Private Banking services. Some of the major players in the Private Banking market include UBS, Credit Suisse, JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, and Deutsche Bank. Show Less Read more