Private banks are banks owned by either an individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, the creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets.
These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672.
There were many private banks in Europe, but most have now become incorporated companies, so the term is rarely true any more. Today, the term "private bank" can also refer to the financial institution specializing in financial advice and services for high-net-worth individuals (private banking).
"Private banks" can also refer to non-government owned banks in general, in contrast to government-owned (or nationalized) banks, which were prevalent in communist, socialist and some social democratic states in the 20th century.
Milwaukee (/mɪlˈwɔːkiː/) is the largest city in the State of Wisconsin and the fifth-largest city in the Midwestern United States. It is the county seat of Milwaukee County and is located on the southwestern shore of Lake Michigan. According to 2010 census data, the City of Milwaukee has a population of 594,833. Milwaukee is the main cultural and economic center of the Milwaukee–Racine–Waukesha Metropolitan Area with a population of 2,043,904 as of an official 2014 estimate.
The first Europeans to pass through the area were French Catholic missionaries and fur traders. In 1818, the French Canadian explorer Solomon Juneau settled in the area, and in 1846 Juneau's town combined with two neighboring towns to incorporate as the City of Milwaukee. Large numbers of German and other immigrants helped increase the city's population during the 1840s and the following decades.
Known for its brewing traditions, major new additions to the city include the Milwaukee Riverwalk, the Wisconsin Center, Miller Park, an expansion to the Milwaukee Art Museum, Milwaukee Repertory Theater, and Pier Wisconsin, as well as major renovations to the UW–Milwaukee Panther Arena. In addition, many new skyscrapers, condos, lofts and apartments have been constructed in neighborhoods on and near the lakefront and riverbanks.
Milwaukee Intermodal Station is the main intercity bus and train station in Milwaukee, Wisconsin, located downtown. The station is served by Amtrak's Empire Builder and Hiawatha Service as well as bus companies Coach USA - Wisconsin Coach Lines (regional and intercity services), Greyhound Lines, Jefferson Lines, Indian Trails, Lamers, Badger Bus and Megabus.
Milwaukee County Transit System (MCTS) local bus route 57 serves the station directly and several other local bus routes operate on nearby streets.
The city's other intercity stations include Milwaukee Airport Railroad Station near General Mitchell International Airport on the south side of the city and several other intercity bus stations. Intercity bus companies with a presence in Milwaukee besides those at serving the intermodal include Badger Bus and Tornado Bus.
The Milwaukee Union Station was dedicated on August 3, 1965 by the Milwaukee Road to replace their previous Everett Street Depot. The Chicago and North Western Railroad closed their Milwaukee station (Lake Front Depot) and moved their passenger operations to the new Milwaukee Road depot in 1966. The depot was built on West St. Paul Avenue in a modernistic style that proved unpopular quickly after it was erected.
Milwaukee is the largest city in the U.S. state of Wisconsin.
Milwaukee may also refer to:
Other uses: