Banque Transatlantique opens a new office of its subsidiary Transatlantique Private Wealth (TPW) in Boston, under the direction of Michael Audrain.
Banque Transatlantique is a private bank specialised in accompanying French expatriates overseas and in compensation plan management (stock options and stock grants). Established in New York in 2014 and San Francisco in 2017, Transatlantique Private Wealth (TPW) strengthens its presence in the US and is part of the international development strategy of Banque Transatlantique, subsidiary of Crédit Mutuel Alliance Fédérale. This is the thirteenth office of Group Banque Transatlantique abroad.
Transatlantique Private Wealth, its US subsidiary, is dedicated to investment advisory and portfolio management for French and US clients living in the United States. Assets managed by TPW can be deposited in France or in the United States, in euros or dollars.
In Boston, Transatlantique Private Wealth targets French entrepreneurs and executives as well as American investors wishing to access European markets or diversify their assets allocation.
Michael Audrain, 40, started his career with CIC in 1999. In 2006, he joined Banque Transatlantique in Paris as a private banker for senior executives. He has been senior private banker at the Bank's London branch since 2008. He is now under the supervision of Pascal Le Coz, Managing director of Transatlantique Private Wealth LLC.