Private banking refers to a host of services offered to a bank’s wealthiest customers. You can think of private banking versus regular banking as the difference between flying first class and coach. In other words, private banking involves the same types of services that regular customers can access, but includes a few more perks and far more personal attention. If you have a higher income or large amount of assets, private banking might benefit you. What is private banking, and how does it work? Priva ...