Private bank financial products refer to the financial products provided by private banks after opening a private bank, which are different from public bank financial products.
To open private banking services, customers must have at least US$1 million in liquid assets, and generally the funds deposited by customers range from US$2 million to US$5 million.
Many wealthy people with tens of millions or even hundreds of millions often need to use more than one private banking service.
Features of private banking financial products: 1. Privacy: The primary feature of private banking is privacy.
The clients that private banks face have huge amounts of wealth. To manage such huge amounts of wealth, they require privacy. Private bankers are required to provide highly private services to ensure the safety of their property and achieve value preservation and appreciation.
2. Exclusiveness: The exclusivity of private banking is reflected in three aspects: exclusive products, exclusive financial planning and exclusive service personnel.
The services provided by banks to individual customers can be divided into three levels: retail products, financial products and private banking services.
3. Professionalism: Private banking involves the management of huge assets and has very high requirements for professionalism. The professional level will become an important indicator to measure the competitiveness of private banking business and become the key to the competition of private banking business among various banks.
According to different currencies, wealth management products include RMB wealth management products and foreign currency wealth management products. According to investment fields, wealth management products can be roughly divided into bond type, trust type, linked type and QDⅡ type products. According to different risk levels, wealth management products
They are roughly divided into basically risk-free financial products, lower-risk financial products, medium-risk financial products, and high-risk financial products.
1. Depending on the currency, financial products include RMB financial products and foreign currency financial products.
1. RMB financial management products: Bank RMB financial management refers to low-risk financial products that banks issue to individual customers with the investment income of high-credit-grade RMB bonds as guarantee, and pay principal and income to customers upon maturity.
RMB financial products can be roughly divided into two categories, traditional products and RMB structured deposit products.
2. Foreign currency financial products: Foreign currency financial products are divided into guaranteed income financial products and non-guaranteed income financial products based on the different ways in which customers obtain income.
Non-guaranteed income financial management products can be further divided into capital-guaranteed floating-income financial products and non-capital-guaranteed floating-income financial products.
2. According to different investment fields, bank wealth management products have different investment fields. Accordingly, wealth management products can be roughly divided into bond type, trust type, linked type and QDⅡ type products.
1. Bond-based financial products refer to banks investing funds mainly in the money market, generally in central bank bills and corporate short-term financing bonds.
2. Trust-type financial products are trust companies that cooperate with banks, and banks issue RMB financial products. After raising funds, the trust company is responsible for investing, mainly investing in products guaranteed or repurchased by commercial banks or other financial institutions with higher credit ratings.
Trust products.
3. Linked financial products are also called structured products. The principal is used for traditional bond investment, and the final income of the product is linked to the performance of the relevant market or product.
4. QDⅡ financial products are investors who entrust their RMB funds to commercial banks certified by the regulatory authorities. The bank will convert the RMB funds into US dollars and invest directly overseas. After maturity, the US dollar income and principal will be converted into RMB.
Financial products that are then distributed to investors.
3. According to different risk levels, financial products can be roughly divided into basically risk-free financial products, lower-risk financial products, medium-risk financial products, and high-risk financial products.
1. Basically risk-free financial products: bank deposits and treasury bonds have the lowest risk level because they are guaranteed by bank credit and national credit. At the same time, the rate of return is also low. The main purpose for investors to maintain a certain proportion of bank deposits is to maintain
Moderate liquidity to meet daily needs and wait for opportunities to purchase high-yield financial products.
2. Lower-risk financial products: mainly various money market funds or partial debt funds. These products invest in the interbank lending market and the bond market. These two markets themselves have the characteristics of low risk and low yield.
Coupled with the professional and diversified investments carried out by fund companies, its risks are further reduced.
3. Medium-risk financial products: Medium-risk financial products include trust financial products, foreign exchange structured deposits, and structured financial products.
4. High-risk financial products: QDⅡ and other financial products fall into this category.