Private Banking Sample Clauses
The Private Banking clause defines the terms and conditions under which private banking services are provided to a client. It typically outlines the scope of services, such as wealth management, investment advice, and personalized financial solutions, and may specify eligibility requirements or account minimums. This clause ensures that both the bank and the client have a clear understanding of the specialized services offered, helping to set expectations and reduce misunderstandings regarding the nature and extent of private banking support.
Private Banking. DSB’s private banking business focuses on providing high net worth individuals with a full range of wealth management products and services including local and overseas equities, fixed-income instruments, structured products, derivatives, foreign exchange, mutual funds, trustee and custodial services, securities financing and alternative investments. Its target customers comprise business proprietors, professionals and individual investors. Through its affiliated bank, D.A.H. Hambros in Guernsey, the Bank is able to provide offshore private banking services to its customers. As at 31st December, 2005, total lending to private banking customers accounted for approximately 4.1% of the Bank’s consolidated loan portfolio. The Bank’s private banking customers are served by a dedicated team client relationship managers. The target account relationship balance for the Bank’s private banking customers is at least US$500,000.
Private Banking. Centre (CBP) – an organisational unit of the Bank serving customers of the Private Banking segment;
Private Banking. The ICBC Group’s private banking services include asset management, alternative investment, fully entrusted business, consulting, financial management, cross-border financing, wealth inheritance and other value-added services. Private banking centres were established in all domestic branches in China and areas with high concentrations of high net worth customers. The ICBC Group further expanded its overseas private banking business through its regional private banking centres, namely, Hong Kong, Europe, Singapore and the Middle East, with a focus on its private banking centre in Hong Kong.
Private Banking. Intesa and Crédit Agricole intend to establish a joint venture with Lazard in Italy that shall conduct asset management business for private clients (the “Private Banking Joint Venture”). Lazard and Crédit Agricole would hold minority interests and Intesa would hold a majority interest in the Private Banking Joint Venture. In connection with the Private Banking Joint Venture, Lazard will use commercially reasonable efforts to create asset management products to be marketed and sold through the Private Banking Joint Venture to private clients. Intesa and Lazard agree that the Private Banking Joint Venture shall in no way restrict Lazard’s ability to conduct its institutional asset management, retail asset management or retail mutual fund businesses in Italy.
Private Banking. DSB’s private banking business focuses on providing high net worth individuals with a full range of wealth management products and services. Its target customers comprise business proprietors, professionals and individual investors. Through its affiliated bank, D.A.H. Hambros in Guernsey, the Bank is able to provide offshore private banking services to its customers. As at 31st December, 2008, total lending to private banking customers accounted for approximately 2.2% of the Bank’s consolidated loan portfolio. The Bank’s private banking customers are served by a dedicated team of client relationship managers. The target account relationship balance for the Bank’s private banking customers is at least US$500,000.