Private banking was a ‘natural evolution’ for Paul Kearney, whose career includes stints in tax advisory and investment banking. He spots a common thread in all private client professions: ‘A combination of problem-solving and dealing with people.’ Kleinwort Hambros’ UK head of private clients manages both new and old money and deals with clients with large, complex wealth, usually with a global dimension. With Kleinwort not long ago bought by Société Générale and now merged with Hambros, Kearney’s had a busy time of it in recent years. But some things remain the same: ‘Families and individuals are attracted by simple rather than complex solutions,’ he says.
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