Private banking is banking, investment and other financial services provided by banks to high-net-worth individuals with high levels of income or invest sizable assets. The term "private" refers to customer service rendered on a more personal basis than in mass-market retail banking, usually via dedicated bank advisers. It does not refer to a private bank, which is a non-incorporated banking institution.
Private banking forms a more exclusive (for the especially affluent) subset of wealth management. At least until recently, it largely consisted of banking services (deposit taking and payments), discretionary asset management, brokerage, limited tax advisory services and some basic concierge-type services, offered by a single designated relationship manager.
Private banking is the way banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Private banks became known as ‘Private’ to stand out from the retail banking & savings banks aimed at the new middle class. Traditionally, private banks were linked to families for several generations. They often advised and performed all financial & banking services for families. Historically, private banking has developed in Europe (see the List of private banks). Some banks in Europe are known for managing assets of some royal families. The assets of the Princely Family of Liechtenstein are managed by LGT Group (founded in 1920 and originally known as The Liechtenstein Global Trust). The assets of the Dutch royal family are managed by MeesPierson (founded in 1720). The assets of the British Royal Family are managed by Coutts (founded in 1692).
Florida i/ˈflɒrɪdə/ (Spanish for "flowery land") is a state located in the southeastern region of the United States. The state is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia, to the east by the Atlantic Ocean, and to the south by the Straits of Florida and the country of Cuba. Florida is the 22nd most extensive, the 3rd most populous, and the 8th most densely populated of the United States. Jacksonville is the most populous city in Florida, and the largest city by area in the contiguous United States. The Miami metropolitan area is the eighth-largest metropolitan area in the United States. Tallahassee is the state capital.
A peninsula between the Gulf of Mexico, the Atlantic Ocean, and the Straits of Florida, it has the longest coastline in the contiguous United States, approximately 1,350 miles (2,170 km), and is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Much of the state is at or near sea level and is characterized by sedimentary soil. The climate varies from subtropical in the north to tropical in the south. The American alligator, American crocodile, Florida panther, and manatee can be found in the Everglades National Park.
Florida (officially Florida Este) is a mostly residential barrio of the Vicente López Partido in the northern suburbs of Greater Buenos Aires, Argentina. It is principally a middle-class neighbourhood and is located between the barrios of Olivos and Vicente López, also in the same partido (department).
The city is located between The Autopista Pascual Palazzo (mostly known as "Panamericana" or "Acceso Norte") highway and the Maipú Avenue. The Acceso Norte splits the district into two neighborhoods: Florida Este (from Panamericana to Maipú Avenue) and Florida Oeste (from Panamericana to De los Constituyentes Avenue).
Florida is served by the Mitre Line, which provides easy access to the city of Buenos Aires. Due to the railway lines, Este and Oeste neighborhoods are also called "Florida Mitre" or "Florida Belgrano". Its main commercial area is centered on General San Martín avenue.
Florida was founded in 1891 when the Buenos Aires and Rosario Railway opened a station in the section from Belgrano that then reached Bartolomé Mitre, Borges and San Isidro. Some versions state that the station (and subsequently the village) was named "Florida" to commemorate a victory over Spanish army in the Paraje La Florida of Alto Perú on May 25, 1814, during the War of Independence.
Florida (Catalan pronunciation: [fɫuˈɾiðə]) is a Barcelona Metro station, in the L'Hospitalet de Llobregat municipality of the Barcelona metropolitan area, and named after the nearby La Florida neighbourhood. The station is served by line L1.
The station is located below the Avinguda Catalunya, between the Carrer Ceravalls and Carrer Mimoses. It has two entrances, from the Placa Blocs Florida and the Avinguda Masnou, which serve an underground ticket hall. The two 98-metre (322 ft) long side platforms are at a lower level.
The station opened in 1987, when line L1 was extended from Torrassa station to Avinguda Carrilet station.