Users who want to open private banking services must have at least $6.5438+0 million in current assets, while generally speaking, customers deposit between $2 million and $5 million. Many tens of millions or even hundreds of millions of rich people often need to use 1 or more private banking services.
Private banks in China started in 2007. In March 2007, Bank of China established private banking departments in Beijing and Shanghai in cooperation with its strategic investor Royal Bank of Scotland. Subsequently, foreign banks such as Citibank, BNP Paribas and Deutsche Bank followed suit and started private banking business. By the end of 20 10, 16 domestic banks had opened more than 150 private banking outlets in 22 cities, with more than 20,000 customers and assets under management exceeding 3 trillion yuan.
On March 28th, 2007, the Private Banking Department of Bank of China became the first Chinese bank to set up a private banking department in China. In July 2009, China Banking Regulatory Commission issued the Notice on Further Regulating the Investment Management of Personal Financial Services of Commercial Banks, which opened the application for private banking licenses nationwide and allowed the establishment of private banking franchises. China Banking Regulatory Commission only issued private banking licenses to three banks, and only managed the headquarters of private banks established in Shanghai.
Shanghai Xiejin Education Group and the University of C? te d 'Azur jointly launched the EIPB project, which has a complete curriculum system and practical guide for private banking and wealth management. Help students achieve professional abilities such as managing financial assets and improving investment strategies according to the actual needs of their own career development. At the same time, improve service awareness, reduce professional risks, and achieve seamless docking with the world's leading wealth management private banking financial industry.