Business English: Private Banking

RRHH Digital A bank that provides personalized financial and banking services to very wealthy individuals and families (High net-worth individuals: HNWIs). Private banking services are largely related to asset management, assisting the HNWIs in investing their money in exchange for commissions and fees. Private Banks aim to match such individuals with the most appropriate options of investment; they also combine some of the services of a brokerage with regular banking services.

Besides providing exclusive investment-related advice, private banking services also include: protecting and growing assets, providing financing solutions, planning retirement and passing wealth on to future generations. ç

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