Liechtenstein’s LGT Aims to Expand its Private Banking in Japan

Banking Liechtenstein’s LGT Aims to Expand its Private Banking in Japan LGT, a private bank owned by the Princely House of Liechtenstein, is looking to expand in Japan, betting that it can capture a share of the rising wealth in a market that has historically proved difficult for foreign private banks. The wealth manager plans to bolster its local unit by hiring more bankers as needed and training junior staff to meet the demands of the newly wealthy, according to Yoshitaka Nagakura, the head of LGT’s private banking operation in Japan.