Citi Private Bank has been named Best Global Private Bank in an awards program organized by two Financial Times publications, The Banker and Professional Wealth Management (PWM). Judges looked at 350 institutions around the world in the four-month period before the Global Private Banking Awards. Winners had to demonstrate their ability to adapt their business model to the new regulatory and post financial crisis environment. They were also evaluated on their business and growth strategies, portfolio management, innovation, client communication, technology and fee structure, among other factors.
The winners were announced at an awards ceremony last week in Geneva.