Independent financial adviser deVere has launched its own private bank, catering for private clients and small businesses.
The launch followed the acquisition of Arton Bank and forms part of deVere's wider expansion plans, the firm said. DeVere Bank St Lucia is understood to be the first private bank owned by an independent financial adviser. DeVere said it wanted to provide its expats and international investors with flexible accounts offering international access to funds. "This move has been largely driven by demand from clients who are increasingly seeking asset and capital protection and growth, combined with confidentiality," said deVere chief executive Nigel Green. "DeVere Group Bank St Luci...
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