private banking
noun[U]
ukusBANKING
financialservicesandadvicethat areofferedto a bank'srichestcustomers, forexampleon how toinvesttheirmoney:
The group'sprivatebankingarmreporteda 3%riseinoperatingincome.
Thebankiskeentodevelopits"wealthmanagementbusiness" -privatebankingandassetmanagement.
privatebankingoperations/services