Private Banks

We advise private banks on financing and structuring transactions, based on unrivalled expertise in the private banking sector

Overview

Our cross-disciplinary team advises private banks on their products and in connection with the services provided to their customers including property lending, cross border provision of trust and banking services, international trust product development, tax-product and tax-reputational advice, efficient offshore structures and financial products and services.

We also advise HNW and UHNW individuals and their trusts and family offices on the structuring and financing of worldwide transactions.

Our expert lawyers provide a fully integrated service working closely between practice areas, in particular the banking and finance, corporate, real estate, tax and private client services teams to provide a single piece of tailored advice.

Areas of focus

Our expertise in private banking includes the following:

Bank lending to trusts, private individuals and corporate entities, including for the purposes of financing real estate acquisitions and large ticket assets such as yachts and business jets.
International trust product development.
Tax-product opinions and tax reputational advice.
Advice on efficient offshore structures.
European real estate structuring.
Art finance.
Drafting documentation suites, including consumer credit compliant documentation, for lenders.
Regulatory advice on permissions regimes for domestic and overseas lenders.

Experience

Advising banks on the revision of mortgage documentation for secured lending to HNWI's, their companies or trusts to ensure MCOB compliance, and review of Consumer Credit Act regulated documentation.

Creating private trust company structures for Middle Eastern, European and Latin American clients.

Advising banking client on portfolio of over 100 non-UK real estate transactions in jurisdictions including France, Spain, Portugal, Italy and Croatia.

Advising a global private bank on the establishment of an investment portfolio for a widely held umbrella open-ended investment company with five sub-funds.

Providing detailed advice and a tax opinion to an international private bank in relation to investment products being a new stream of preference shares in an offshore company to act as a wrapper for structured note and other derivative products.

Advising banks, individuals and family offices in relation to multi-jurisdictional corporate jet and luxury yacht sales and financings.

Acting for a UHNW family business behind an ethical organic beauty brand in respect of extendable working capital facilities.

Advising corporate trusts on guarantee arrangements for US $75 million bridging facility and a US $18 million facility provided to UHNWIs' family businesses.

Our specialist financial services disputes and enforcement team advises numerous major financial services providers – including Bank of Ireland, Nationwide, Handelsbanken and Openwork – on financial services disputes, regulatory investigations and anti-money laundering/terrorist financing.

Advising a global private bank in respect of a complex series of loans to assist an UHNW to acquire high value property located in the UK with a multi-jurisdictional security package.

Advising a global private bank of potential enforcement options for a security package granted by a corporate trustee over property held in the UK.

Acting for a large number of private banks on joint instructions with buyer or borrower clients including Kleinwort Benson (Channel Islands) Limited, C. Hoare & Co, Julian Hodge Bank, Weatherbys Bank and Coutts to finance real estate.