Allfirst Financial Inc., a Baltimore subsidiary of Allied Irish Banks PLC, has launched a wealth management services division for its high-net-worth clients, but with a twist: The division offers philanthropic services and charitable asset administration.

The Baltimore bank's division also offers investment management, tax, and estate planning advice; trust and estate administration, private banking and brokerage services; insurance through Allfirst Financial's Allfirst Trust unit; and specialized services such as wealth concentration - administering a family's assets as one pool - and business succession strategies.

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