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<channel>
	<title>Private Banking</title>
	
	<link>http://stephenchua.com</link>
	<description>Private Bank Wealth Management</description>
	<lastBuildDate>Wed, 06 Jan 2010 03:23:12 +0000</lastBuildDate>
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		<title>Economic Migrants from Canada</title>
		<link>http://stephenchua.com/offshore-banking/bank-secrecy-backlash/economic-migrants-from-canada/</link>
		<comments>http://stephenchua.com/offshore-banking/bank-secrecy-backlash/economic-migrants-from-canada/#comments</comments>
		<pubDate>Wed, 06 Jan 2010 03:22:28 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Bank Secrecy Backlash]]></category>
		<category><![CDATA[Bank Secrecy]]></category>
		<category><![CDATA[banking sector]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[Economic Migrants]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2595</guid>
		<description><![CDATA[The irony. Canada was the country of choice. Remember the flight of economic migrants to Canada and other countries during the fearful days of China's takeover of Hong Kong? Their capital influx was very much welcomed to prop up a less than stellar economy. But the tide had been changing for some time - has this been biting the Canadian economy? Perhaps. But then, I'd take some of their cash rather than none at all. If government policy is seen cracking down on overseas investments, then it's just not too hard to see large chunks of cash fleeing and never to return.

]]></description>
		<wfw:commentRss>http://stephenchua.com/offshore-banking/bank-secrecy-backlash/economic-migrants-from-canada/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Banking on Real Estate in Canada</title>
		<link>http://stephenchua.com/private-bank/asset-protection/banking-on-real-estate-in-canada/</link>
		<comments>http://stephenchua.com/private-bank/asset-protection/banking-on-real-estate-in-canada/#comments</comments>
		<pubDate>Mon, 28 Dec 2009 20:05:22 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Asset Protection]]></category>
		<category><![CDATA[Create your own bank]]></category>
		<category><![CDATA[Banking on Real Estate]]></category>
		<category><![CDATA[income producing asset]]></category>
		<category><![CDATA[Rising Long Term Asset]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2585</guid>
		<description><![CDATA[Real estate has been a traditional way to bank your cash privately as a rising long term asset. Many investors also see this as an income producing asset with rents returning better than what the banks can provide.

]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/asset-protection/banking-on-real-estate-in-canada/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Offshore Banking or Tax Evasion Crackdown in Canada?</title>
		<link>http://stephenchua.com/offshore-banking/offshore-banking-or-tax-evasion-crackdown-in-canada/</link>
		<comments>http://stephenchua.com/offshore-banking/offshore-banking-or-tax-evasion-crackdown-in-canada/#comments</comments>
		<pubDate>Thu, 24 Dec 2009 07:16:28 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Offshore Banking]]></category>
		<category><![CDATA[Revenue Canada]]></category>
		<category><![CDATA[Tax Evasion]]></category>
		<category><![CDATA[Tax Evasion Crackdown]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2580</guid>
		<description><![CDATA[Canada appears to have it's own version of the G20 mandated Offshore Banking crackdown. But is it now a Tax Evasion issue instead?

Revenue Canada has accused some employees at the RBC Dominion (Royal Bank of Canada's trading division) of helping clients set up accounts in Swiss and Leichtenstein offshore accounts to evade taxes. 

]]></description>
		<wfw:commentRss>http://stephenchua.com/offshore-banking/offshore-banking-or-tax-evasion-crackdown-in-canada/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Origins of Modern Banks</title>
		<link>http://stephenchua.com/private-bank/create-your-own-bank/origins-of-modern-banks/</link>
		<comments>http://stephenchua.com/private-bank/create-your-own-bank/origins-of-modern-banks/#comments</comments>
		<pubDate>Tue, 22 Dec 2009 03:30:19 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Create your own bank]]></category>
		<category><![CDATA[Headline]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2573</guid>
		<description><![CDATA[Money and the exchange of value has been around since very ancient times. But the concept of a central banking control - a Federal Reserve Bank or Central Bank - is always dreamt up by a central control powerhouse (emperors, greedy usurpers, kings, presidents,...but really, the big bankers). Also since ancient times, this practice of monetary control was prevalent as a method of power and control - not to mention greed.

Talk about creating your own bank. And how. They've done it in the biggest way possible.]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/create-your-own-bank/origins-of-modern-banks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Banking Business End of 2009.</title>
		<link>http://stephenchua.com/private-bank/banking-business/banking-business-end-of-2009/</link>
		<comments>http://stephenchua.com/private-bank/banking-business/banking-business-end-of-2009/#comments</comments>
		<pubDate>Sun, 20 Dec 2009 18:10:53 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Banking Business]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Holiday Banking]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2568</guid>
		<description><![CDATA[Last minute Banking. People rushing in to get their shiny new loonies and toonies for the kids. Fresh and crisp bank-notes are being ordered and handed out as requested by customers at the tellers. ATMs running out of cash and shutting down. Bankers going nuts to fill their end of year portfolio on a high (bank) note. Holiday goodies are in every bank branch to entice customers (they still don't get it - treating customers as retail walk ins is marketing folly).]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/banking-business/banking-business-end-of-2009/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>From Banks to God’s Right Hand: Goldman Sachs</title>
		<link>http://stephenchua.com/private-bank/banking/bank-bonuses/from-banks-to-gods-right-hand-goldman-sachs/</link>
		<comments>http://stephenchua.com/private-bank/banking/bank-bonuses/from-banks-to-gods-right-hand-goldman-sachs/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 04:37:40 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Bank Bonuses]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Goldman Sachs]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2564</guid>
		<description><![CDATA[The big banks are mighty indeed and when they fall the echoes reverberate all over the globe. They reach well into every aspect of our daily lives and the CEO of Goldman Sachs, Lloyd Blankfein says banks do God's work. And so is the size of the Banks' bonuses.]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/banking/bank-bonuses/from-banks-to-gods-right-hand-goldman-sachs/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Financial Industries of Taiwan and China Move Closer</title>
		<link>http://stephenchua.com/private-bank/banking/business/business-opportunities/asian-tiger/financial-industries-of-taiwan-and-china-move-closer/</link>
		<comments>http://stephenchua.com/private-bank/banking/business/business-opportunities/asian-tiger/financial-industries-of-taiwan-and-china-move-closer/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 04:40:55 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Asian Tiger]]></category>
		<category><![CDATA[Banking Business]]></category>
		<category><![CDATA[Financial Industries Closer]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2560</guid>
		<description><![CDATA[The financial industries of both Taiwan and China move closer with negotiations on their agreement almost completed ]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/banking/business/business-opportunities/asian-tiger/financial-industries-of-taiwan-and-china-move-closer/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Cutting Megabanks Down To Size</title>
		<link>http://stephenchua.com/private-bank/banking-business/cutting-megabanks-down-to-size/</link>
		<comments>http://stephenchua.com/private-bank/banking-business/cutting-megabanks-down-to-size/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 03:09:05 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Banking Business]]></category>
		<category><![CDATA[Downsizing Megabanks]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2555</guid>
		<description><![CDATA[Downsizing the megabanks is becoming more than just gossip. The talk and public gripes of cutting megabanks down to size is becoming public and coming into prominence.

]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/banking-business/cutting-megabanks-down-to-size/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Basic Requirements to Create Your Own Bank</title>
		<link>http://stephenchua.com/offshore-banking/basic-requirements-to-create-your-own-bank/</link>
		<comments>http://stephenchua.com/offshore-banking/basic-requirements-to-create-your-own-bank/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 16:05:30 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Create your own bank]]></category>
		<category><![CDATA[Offshore Banking]]></category>
		<category><![CDATA[Private Banking Requirements]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2541</guid>
		<description><![CDATA[An integral part of banking to create your own bank is to have a system of private banking services preferably all within the operating control or influences of that financial institution because this is especially critical when you need to build your financial assets. You'll need to be able to invest internationally to get the best that your money can offer you. You'll also need a really good money manager and an investment management system in place.]]></description>
		<wfw:commentRss>http://stephenchua.com/offshore-banking/basic-requirements-to-create-your-own-bank/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>Private Banks in China Have Growth Pains</title>
		<link>http://stephenchua.com/private-bank-wealth-management/china-private-banks/private-banks-in-china-have-growth-pains/</link>
		<comments>http://stephenchua.com/private-bank-wealth-management/china-private-banks/private-banks-in-china-have-growth-pains/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 03:22:50 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[China Private Banks]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2494</guid>
		<description><![CDATA[Private Banks and Growing Pains.

Where in the world can this be happening? Only one place...China of course. So far, this one country where the supply of millionaires outstrip the supply of private banks.

Imagine having an average of 70 millionaires (based on at least $US 1M) being created per day.
]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank-wealth-management/china-private-banks/private-banks-in-china-have-growth-pains/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>End of the Swiss Banking Tax Haven</title>
		<link>http://stephenchua.com/private-banking/end-of-the-swiss-banking-tax-haven/</link>
		<comments>http://stephenchua.com/private-banking/end-of-the-swiss-banking-tax-haven/#comments</comments>
		<pubDate>Tue, 29 Sep 2009 19:12:14 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Private Banking]]></category>
		<category><![CDATA[Swiss Tax Haven]]></category>
		<category><![CDATA[Offshore Banking]]></category>
		<category><![CDATA[Swiss Banking Tax Haven]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2483</guid>
		<description><![CDATA[Is this the end of the Swiss Banking Tax Haven?

The term Tax Haven over the past several decades has come to mean sheltering your income from the taxes of the country in which you live. But, there is a caveat where the cash is not actually in your hands, but in the hands of another entity or jursdiction.
]]></description>
		<wfw:commentRss>http://stephenchua.com/private-banking/end-of-the-swiss-banking-tax-haven/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Bank Failures Continue</title>
		<link>http://stephenchua.com/private-bank-wealth-management/bank-failures/bank-failures-continue/</link>
		<comments>http://stephenchua.com/private-bank-wealth-management/bank-failures/bank-failures-continue/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 04:13:13 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Bank Failures]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2472</guid>
		<description><![CDATA[The bank failures are now at 95 for the year which includes three of the largest and most troubled; Guaranty Bank in Austin, Colonial Bank in Birmingham and Corus in Chicago. 

A couple of Fridays ago, the FDIC shut down two more banks resulting in billions of dollars in losses.
]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank-wealth-management/bank-failures/bank-failures-continue/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Starting a Bank is Easiest in the USA</title>
		<link>http://stephenchua.com/private-bank/create-your-own-bank/starting-a-bank-is-easiest-in-the-usa/</link>
		<comments>http://stephenchua.com/private-bank/create-your-own-bank/starting-a-bank-is-easiest-in-the-usa/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 02:24:50 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Create your own bank]]></category>
		<category><![CDATA[Start a Bank]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2463</guid>
		<description><![CDATA[One of the easiest countries in the world to start a bank bar none is...drum roll...surprise!

THE USA!

Surprised? What with all that debacle on Swiss Bank Privacy, Bank bailouts, making it difficult for private investment in banks...one would think the country was anti-banking.
Did you realize that the USA had the most banks of all G20 countries - ever? 12,000+ in 1985. And then after many losses and downturns, it's now about. 8,400. But by 2010 the numbers may be 1,000 smaller than that...read more. Bank failures are rife today.

]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/create-your-own-bank/starting-a-bank-is-easiest-in-the-usa/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Banks are primarily a preserver of wealth.</title>
		<link>http://stephenchua.com/private-banking/banks-are-primarily-a-preserver-of-wealth/</link>
		<comments>http://stephenchua.com/private-banking/banks-are-primarily-a-preserver-of-wealth/#comments</comments>
		<pubDate>Sun, 13 Sep 2009 01:45:22 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Private Banking]]></category>
		<category><![CDATA[Banks Preserve Wealth]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2455</guid>
		<description><![CDATA[And I make no bones now, telling you the saver, that the bank should really be used primarily as a preserver of wealth. Not a builder of your portfolio. Generally, banks are not primarily set up as a wealth creator. And I'll tell you why.]]></description>
		<wfw:commentRss>http://stephenchua.com/private-banking/banks-are-primarily-a-preserver-of-wealth/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Insurer Acquires Bank Shares</title>
		<link>http://stephenchua.com/headline/insurer-acquires-bank-shares/</link>
		<comments>http://stephenchua.com/headline/insurer-acquires-bank-shares/#comments</comments>
		<pubDate>Thu, 10 Sep 2009 03:33:08 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Headline]]></category>
		<category><![CDATA[Insurance Acquires Bank]]></category>
		<category><![CDATA[Acquisition]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2451</guid>
		<description><![CDATA[China Life, the largest Life insurance company in China is on an acquisition trail strategically buying up larger and profitable companies. Their long term plans would then include access to significant banking expertise hence the China Development Bank Corp acquisition offer.

]]></description>
		<wfw:commentRss>http://stephenchua.com/headline/insurer-acquires-bank-shares/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bank Failures to Reach 1,000 by 2010</title>
		<link>http://stephenchua.com/private-bank-wealth-management/bank-failures/bank-failures-to-reach-1000-by-2010/</link>
		<comments>http://stephenchua.com/private-bank-wealth-management/bank-failures/bank-failures-to-reach-1000-by-2010/#comments</comments>
		<pubDate>Thu, 03 Sep 2009 03:03:51 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Bank Failures]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2447</guid>
		<description><![CDATA[If the FDIC were to headline an announcement tomorrow that Bank Failures will reach 1,000 by 2010, what would happen to the world's financial system?

84 banks have already failed to date. Bill Bartmann, maintains on Fox that up to 1,000 banks may be lost by the year 2010. Speculation? Or Stunning fact?

]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank-wealth-management/bank-failures/bank-failures-to-reach-1000-by-2010/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Bank Secrecy Backlash Beginning?</title>
		<link>http://stephenchua.com/offshore-banking/bank-secrecy-backlash/bank-secrecy-backlash-beginning/</link>
		<comments>http://stephenchua.com/offshore-banking/bank-secrecy-backlash/bank-secrecy-backlash-beginning/#comments</comments>
		<pubDate>Tue, 01 Sep 2009 04:00:53 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Bank Secrecy Backlash]]></category>
		<category><![CDATA[Backlash]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2443</guid>
		<description><![CDATA[Bank Secrecy Backlash Beginning?

There has been much debate and now that UBS has suffered the most debasing fate in the eyes of the Swiss, having to turn over the information of 4,500 of their clients to the IRS (USA). Could this really be the end of Bank Secrecy or offshore banking? Or the beginnings of a Backlash to add to the financial woes of the Bank Secrecy's Article 26?

Lately there have been rumblings of Swiss Banks
]]></description>
		<wfw:commentRss>http://stephenchua.com/offshore-banking/bank-secrecy-backlash/bank-secrecy-backlash-beginning/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>ING Raising 8 Billion Euros</title>
		<link>http://stephenchua.com/headline/ing-raising-8-billion-euros/</link>
		<comments>http://stephenchua.com/headline/ing-raising-8-billion-euros/#comments</comments>
		<pubDate>Fri, 28 Aug 2009 04:15:54 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Headline]]></category>
		<category><![CDATA[ING Asset Sale]]></category>
		<category><![CDATA[ING]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2439</guid>
		<description><![CDATA[ING Groep NV, the biggest Dutch financial-services company, is seeking to raise as much as 8 billion Euros selling assets which includes their prized private banking division to boost capital.

]]></description>
		<wfw:commentRss>http://stephenchua.com/headline/ing-raising-8-billion-euros/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FDIC in Private Equity Bank Investors About Face</title>
		<link>http://stephenchua.com/private-bank/banking-business/fdic-in-private-equity-bank-investors-about-face/</link>
		<comments>http://stephenchua.com/private-bank/banking-business/fdic-in-private-equity-bank-investors-about-face/#comments</comments>
		<pubDate>Wed, 26 Aug 2009 03:33:46 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Banking Business]]></category>
		<category><![CDATA[FDIC Insurance]]></category>
		<category><![CDATA[FDIC]]></category>

		<guid isPermaLink="false">http://stephenchua.com/?p=2436</guid>
		<description><![CDATA[The FDIC has suddenly changed its mind about allowing Private Equity firms to get a bigger piece of the action with failed banks.  

The bailout reserves are riding pretty thin these days at $13billion but need an estimated $70b over the next 4 years. Where's all that money coming from?
]]></description>
		<wfw:commentRss>http://stephenchua.com/private-bank/banking-business/fdic-in-private-equity-bank-investors-about-face/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Top 10 Insults to Bankers at a Business Social Party</title>
		<link>http://stephenchua.com/featured/top-10-insults-to-bankers-at-a-business-social-party/</link>
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		<pubDate>Sat, 22 Aug 2009 04:32:55 +0000</pubDate>
		<dc:creator>Stephen Chua</dc:creator>
				<category><![CDATA[Banker Insults]]></category>
		<category><![CDATA[Featured]]></category>

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		<description><![CDATA[Top 10 Insults to Bankers at a Business Social Party OR How Do Bankers Stack Up in Society Today?

Banks and bankers have been taking their lumps in the press lately. Has that translated into the social circles? Are bankers still the revered doyens in society not too long ago or have they been taken down a few pegs lately?

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