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Private banking: News

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Alternatives back in favour with wealthy investors 20/08/2008

Many wealthy individuals who held alternative investments have expressed greater satisfaction over the last 12 months with every category of alternatives, including hedge funds, venture capital, real estate and private equity, than their more traditional investments, including stocks and bonds, according to a survey released last month by Bank of America.

EFG Private Bank to open office in Jersey 17/07/2007

EFG Private Bank is to expand its private banking presence in the Channel Islands by opening an office in Jersey.

Investec Private Bank passes on euro rate hike again 08/12/2006

As euro base rate hits 3.5%, the offshore bank reacted immediately.

Datamonitor detects lending industry tightening its lending belt 01/09/2006

Amid fears that consumer debt is spiralling out of control, the retail lending industry has tightened its lending criteria and is targeting good quality customers.

Bradford and Bingley savings safe despite British interest rate increase 17/08/2006

Bradford and Bingley International has responded to the bank of England's 0.25% increase in interest rates , by directly augmenting the interest rates paid on their Tracker 120 account with effect from 9th August 2006.