New York Private Bank & Trust is a bank holding company headquartered in New York City. Howard Milstein is the Chairman, President & Chief Executive Officer. As of early 2007, it had $17.3 billion in assets and is the largest private owned bank in the US.
A 160-Year Tradition of Trust
Founded in 1850 as the Emigrant Savings Bank, New York Private Bank & Trust offers fully integrated investment advisory, trust, lending and other banking and family office services to serve the needs of wealthy individuals and families.
Our firm is led by Howard P. Milstein and the Milstein family, widely acknowledged for their integrity and success over three generations in investing, real estate, banking, manufacturing, energy, international business and philanthropy.
In the 1980s, the Milsteins diversified the family's real estate holdings and international business interests and purchased Emigrant Savings Bank. Emigrant, a retail thrift bank founded in 1850 by the Irish Emigrant Society, was once the largest savings bank in the nation and is now the largest privately held bank in America.
Building upon these traditional roots, the Milstein family created New York Private Bank & Trust to serve successful families seeking to preserve and grow their wealth.
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