rstusa, I think that Vantage Account doesn't mean that you're eligible for private banking..
That account is commercial banking, whereby you register under your company name, not personal account..
HSBC Premier Account sounds more like a private banking, with focus on the priority of the client..
That SG Asia one is not a normal bank, it's more into investment banking where you can go through them to diversify your portfolio..

The difference with private banking is you can do your transactions in a different environment, with a red carpet treatment..
There's not much difference, just the service..
Private/Priority banking doesn't mean it's a different bank..
It's the same bank, but cater for different standard of clients..

For priviledge banking (Citigold for Citibank), 300K is enough. Most banks are impose that sum.
No, priviledge banking is as same as normal banking transation, just it is being separated out from normal one, may be got some extra structured product which minimum investment sum of 250K/product.

Banks here are not allowed by BNM to help investors to invest in hedge fund. Also banks launched the structured product which generally is more conservative in nature. Some of the capital guaranteed fund are invest into option market.

While private equity fund is different case.

No, what I said is some capital guaranteed UT are investing in option market already, just may be the UT holders doesn't understand. Mostly those are structured.

There are tons of investment tools or derivatives product in the market. But I don't think anyone can invest in option market directly through banks in Malaysia.
If a option can earn 30-40% in 14 days, surely it can be loss out totally also. <-- there is no free lunch in the world, you need to take high risk to get high return.
Better becareful what your friend try to tell you (not to say he is lying or not as if it is a real option, yes, it can earn that much but it also can lose out totally if market condition is not favourable to the option), a lot of scam in the internet also offer 1.5-3% daily one that claimed to be invest in option market also.

I did enquire before it's RM200k-250k if didnt remember wrongly, Big money. Yes, you dont have to show up to the bank, just one call away and you can even ask them to do your any fav. LOL

private banking service's typical requirement is USD 1 million. well known banks offering this service include credit suisse, bnp paribas and deutsche bank. in malaysia there was hsbc private bank but it was closed recently because of our strict regulator's strict requirements so they werent able to sell many products. citbank has its private bank subsidiary in menara citibank jalan ampang. on the local consumer banking side, maybank is the forerunner with its private banking service. ive seen chequebooks inscripted with MAYBANK PRIVATE BANKING on the top left of the cheques. cimb has its private banking service at jalan semantan. im inclined to believe however maybank's private banking service is more of a priority banking service for its mass affluent customers who may also be high networth people rather then the traditional private banking service which include advisory and discretionary portfolios.

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Added on November 14, 2007, 8:50 pmhsbc premier requirement isnt rm 100k. its minimum deposit of rm 200k. same goes to citigold.