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What does a 900-year-old monarchy bring to modern private banking?

What does a 900-year-old monarchy bring to modern private banking?

Like all royals on whose door this correspondent has ever knocked, getting an audience with His Serene Highness is not necessarily the easiest of feats.

“We are this tiny, little mountain country where everybody knows everybody. We don’t like hierarchy. The best argument should win”: Prince Max von und zu Liechtenstein. 

London | Most European royal families are wealthy – they own property, farms, castles, art, businesses, you name it – but most seem content to limit themselves largely to ceremonial and charitable work. Not, though, the royal family of Liechtenstein.

It might be the monarchy one of the world’s smallest states, but it is surely one of the most entrepreneurial – despite, or perhaps because of, a turbulent 20th century of Nazi intimidation and communist expropriation.

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Hans van Leeuwen
Hans van LeeuwenJournalistHans van Leeuwen is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.

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Original URL: https://www.afr.com/world/europe/what-does-a-900-year-old-monarchy-bring-to-modern-private-banking-20250325-p5lm8q