Santander has opened what it called its flagship lounge for Santander Private Banking, Select and Business customers in Piccadilly, London.
Perhaps most shocking is the statistic that 50% of Brits over the age of 45, those most likely to have dependents, also die intestate.
The partnership demonstrates HSBC Private Banking’s commitment to fostering more diversity within their organisation, as well as supporting entrepreneurs and family offices across the world, a statement from the bank has said
It is expected that the three offices will work closely together, with company registration, accounting and legal services all eventually available from the new location.
The initial consideration for the acquisition is £900,000 in cash, funded from AFH's existing cash resources.