SEB Private Banking said that consultations for clients in all three Baltic countries will be presented in a bespoke list price.

Aija Mi?elsone, head of SEB Private Banking in Latvia, said: "When selecting consultants for SEB Private Banking customers, we evaluated if the partner was recognized as an expert in the industry, company had a wide network of representative offices in the world, providing wide knowledge of national legislation and their interactions, as well as the company had good reputation and it worked in line with SEB values."

Ernst & Young Baltic representative Ilona Butane, said: "SEB Private Banking clients are united by their being successful in business or other significant economy field. Our task will be to sustain their success with smart advises on how to act in a changing legal environment, while considering SEB Private Banking clients’ individual priorities.

"We feel highly honored to put our knowledge in practice together with numerous leaders of Latvia’s economy," Butane added.