Term deposits are thus risk and fee This is the first step in the relationship of free holding investments, offered to trust that we build with our clients to sup- our clients to give them sufficient time port them in developing their projects in to understand and analyse the wealth an enterprising manner. This offer made structuring and investment proposals it possible, in France and in Monaco, to developed by our wealth management work with the managers of listed mid-cap experts. companies of note. Emmanuelle Peraldi Head of Products and Marketing International client base: towards greater pragmatism The willingness of certain financial insti- Each of our clients has access to a com- tutions to adopt an overly standardised plementary multilingual team driven by approach both in terms of compliance and unwavering professionalism. Perfectly documentary formalism is often incompa- understanding cultural differences, our tible with high-end international clients. employees from 12 different nationalities At Banque Richelieu Monaco, we strive to express themselves in about 15 languages adopt a pragmatic, agile, and responsive guaranteeing greater personalisation of approach to decision-making without ever client relations. over-interpreting or replacing the compe- Our teams operate in a pragmatic and tent authorities or derogating from strict flexible context in which short decision- compliance with the regulations. making circuits and dynamic, involved ma- Above all, we strive to understand the nagement facilitate responsiveness and environment of our clients by adopting a rapid decision-making. tailored approach intended to build a dedi- Our boutique private banking approach cated solution capable of meeting the therefore allows us to efficiently, agilely, and specific requirements and needs of our pragmatically address the particularities of international clients. our clients across the spectrum of cultural Our bankers meet their clients at their specificities... which is a differentiating fac- place of residence when allowed by the tor in an industry where standardisation is regulations to understand their immediate becoming the norm. environment and their history. Thomas Lhuillier Deputy General Manager Banque Richelieu Monaco ACTIVITY REPORT 21