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Private Banking in Switzerland, Swiss Bank Accounts, Offshore Banking, Wealth Management - Philippe de LaCroix, Zürich. Private Banking in Switzerland, Swiss Bank Accounts, Offshore Banking, Wealth Management - Philippe de LaCroix, Zürich.
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What is a Swiss Private Banker?

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The expression “Private Banker” does not mean the same as the term "private bank", a term now frequently used by various bodies wishing to manage your assets. This is frequently referred to as "private banking", however in Switzerland the term "Private Banker" refers to a specific definition under Swiss Banking Law. The specific status of “Private Banker” means that within the bank there is at least one partner with unlimited liability for the bank's commitments. Under Swiss law only those who meet the specific and stringent requirements of being a “Private Banker” are entitled to use the name. A “Private Banker” is an exclusive and exceptional person or Bank; a “private bank” is not necessarily the same. True "Private Bankers" are independent, discreet, masters of their expertise; combining tradition and unconventionality; being conservative and yet progressive. The Private Banker is both banker & entrepreneur, personally entirely committed, since he assumes personal liability to the full extent of his business & personal assets. True private bankers are the bankers to the world. All the Banks we deal with are of impeccable quality and are supervised by the Swiss Federal Banking Commission but we point out the distinction to highlight that not all Banks are the same.







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