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Millionaires' haven

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WEALTHY Hong Kong residents who are uncertain about what 1997 will mean for their private fortunes can turn to Trinkhaus and Burkhardt (International) for help.

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The private bank is based in Germany, Luxembourg and Switzerland and has a history that dates back to 1785.

'After 1997, people want to make sure a fair amount of their wealth is kept outside of the country,' said David Hunt, senior representative of T&B's Hong Kong representative office.

'We are one of the oldest private banks in Germany and continental Europe with a tradition for cash and bond management in Europe. We have a good reputation for conservatism and secrecy.' In 1994, T & B International took over the operations of what used to be HSBC Bank (Luxembourg). This gave it a presence in Hong Kong and Southeast Asia.

T & B's Hong Kong office provides a relationship and liaison service while accounts are managed in Luxembourg.

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'We have multi-lingual staff with English and Chinese relationship managers and support staff,' Mr Hunt said.

The HSBC Group owns 72 per cent of the share capital of T & B.

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