Private banking: Families seek havens from the storm

Super-rich families that have weathered the Madoff fraud and fund blow-ups, or are uneasy with state support for the parents of their private banks, are turning to independents or multi-family offices for wealth advice. Helen Avery reports.

Private Banking and Wealth Management Survey 2009 results
UBS: Push comes to shove for Marcel Rohner
Testing times shake up the old hierarchy Families seek havens from the storm
HSBC aims for the top Barclays seeks out mega-rich
Methodology
 

THE TURN OF the year was a bitter time for some of the super-rich. “Many wealthy families were unsure whether to send a Christmas card to their private banks this year, or a writ,” says the former head of a large UK family office.

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