Magnticent history

In China， the private banking sec-tor is relatively new， even though it has a100-year history in the U.S. and Europe.After originating in Geneva， Switzer-land， private banks have undergone leg-endary growth.

In the 16th Century， Swiss million-aires sought protection for their assets，and the first generation of private banksto serve the super wealthy families tookshape in Geneva， an important tradecenter due to its geological location.

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