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Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets.
Private banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672.
MeesPierson, Rotterdam, founded in 1720: a member of ABN AMRO
Van Lanschot Kempen, founded in 1737. It is the oldest independent bank in the Netherlands[1] and the Benelux[2][3] and one of the oldest independent banks in the world.[4]
South Africa
Investec, headquartered in Sandton, and founded in 1974
RMB, headquartered in Johannesburg, and founded in 1998