Flexibility exemplifies the advantages of private banking

cash investments

As service at high street banks becomes more remote and impersonal, investors who want more attention should consider private banks if their wealth meets the minimum entry requirements

It is common knowledge that the banking sector has undergone a great deal of consolidation and while some banks have maintained their identity, others have not. The marks of the past still scar the prominent buildings they once adorned following acquisitions or they have disappeared all together through branch closure. Wine bar chains have since bought the vacant property portfolios. The retail banks had created a stronghold in prime positions in the high street where there was good passing trade - once an important source of business. The bank mergers since the 1990s, building society d...