UBS named best private bank in Asia Pacific and Hong Kong for 2018
HONG KONG,Jan. 14,2019 -- Markets bit back in 2018,asking searching questions of Asia's private banking and wealth management industry following a rosy run in 2017. Asian Private Banker's annual Awards for Distinction celebrates those that demonstrated their commitment to clients by providing best-in-breed ideas and opportunities,servicing,and performance,as well as institutions and firms that made significant strides on the business and operational fronts.
The hotly contested Asian Private Banker Awards for Distinction attracted over 160 submissions from more than 40 private banking and wealth management providers across Asia Pacific,India,and the Middle East,making 2018 a record year for participation.
Key highlights:
Best Private Bank-- Asia Pacific: UBS
CIO Office of the Year: Deutsche Bank Wealth Management
Employer of the Year: Goldman Sachs
Best Private Bank-- Hong Kong: UBS
Best Private Bank-- Singapore: Credit Suisse
Best Private Bank-- Investment Advisory: BNP Paribas Wealth Management
Please see below for a full list of this year's winners.
Awards for Distinction 2018-- Distinction
For full details,please visit our website: apb.news/afd2018
Market Segment Awards
Best Private Bank – Asia Pacific: UBS
Best Private Bank – Hong Kong: UBS
Best Private Bank – Singapore: Credit Suisse
Best Wealth Manager – Singapore: Crossinvest
Best Private Bank – Australia: Credit Suisse
Best Private Bank – China International: Morgan Stanley
Best Private Bank – China Domestic: China Merchants Bank
Best Wealth Manager – China Domestic: Noah Holdings Limited
Best Private Bank – Global Indians: BNP Paribas Wealth Management
Best Private Bank – India Domestic: Kotak Wealth Management
Best Wealth Manager – India Domestic: Edelweiss Private Wealth Management
Best Private Bank – Middle East & North Africa: Bank of Singapore
Best Private Bank – Japan: Credit Suisse
Best Private Bank – Philippines International: Julius Baer
Best Private Bank – Philippines Domestic: BDO Private Bank
Best Private Bank – Indonesia International: Credit Suisse
Best Private Bank – Indonesia Domestic: Bank Mandiri
Best Private Bank – Malaysia International: Credit Suisse
Best Private Bank – Taiwan International: UBS
Best Private Bank – Taiwan Domestic: UBS
Best Private Bank – Thailand International: Credit Suisse
Best Private Bank – Thailand Domestic: KASIKORNBANK PCL.
Business Awards
Private Banker of the Year: Francois Monnet,Credit Suisse
COO of the Year: Sudhir Nemali,Deutsche Bank Wealth Management
Employer of the Year: Goldman Sachs
Best Private Bank – Growth Strategy of the Year: Maybank
Best Private Bank – Learning & Development: UBS
Best Private Bank – Corporate Social Responsibility: Credit Suisse
Best Private Bank – Digital Innovation: Credit Suisse
Best Wealth Manager – Digital Innovation: CreditEase Wealth Management
Best Private Bank – Client Experience: UBS
Best Wealth Manager – Client Experience: Crossinvest
Service Awards
Best Private Bank – High Net Worth Services: UBS
Best Wealth Manager – High Net Worth Services: CreditEase Wealth Management
Best Private Bank – Ultra High Net Worth Services: Credit Suisse
Best Private Bank – Family Office Services: UBS
Best Private Bank – Intermediary Services: Credit Suisse
Best Private Bank – Wealth Planning Services: HSBC Private Banking
Best Private Bank – Next Generation Services: Credit Suisse
Investment Solution Awards
CIO Office of the Year: Deutsche Bank Wealth Management
Best Private Bank – Investment Advisory: BNP Paribas Wealth Management
Best Wealth Manager – Investment Advisory: Waterfield Advisors
Best Private Bank – Fund Advisory: Credit Suisse
Best Private Bank – Equity Advisory: Morgan Stanley
Best Private Bank – Fixed Income Advisory: HSBC Private Banking
Best Private Bank – Alternative Advisory: Goldman Sachs
Best Wealth Manager – Alternative Advisory: CreditEase Wealth Management
Best Private Bank – FX Advisory: Indosuez Wealth Management
Best Private Bank – Sustainable Investments: UBS
Best Private Bank – Discretionary Portfolio Management: BNP Paribas Wealth Management
Best Private Bank – Bespoke Discretionary Portfolio Management: Goldman Sachs
Awards for Distinction 2018-- Excellence
"Excellence" award is handed out on a purely meritocratic basis to a private bank/wealth manager that has demonstrated industry-leading standards for a specific category.
Market Segment Awards
Excellence in Private Banking – Singapore: Bank of Singapore
Excellence in Private Banking – China International: UBS
Excellence in Private Banking – China Domestic: ICBC Private Banking
Excellence in Wealth Management – China Domestic: CreditEase Wealth Management
Excellence in Private Banking – Global Indians: Bank of Singapore
Excellence in Private Banking – India Domestic: BNP Paribas Wealth Management
Excellence in Wealth Management – India Domestic: IIFL Wealth Management
Excellence in Private Banking – Middle East & North Africa: Emirates NBD Private Banking
Excellence in Private Banking – Philippines International: Credit Suisse
Excellence in Private Banking – Taiwan Domestic: CTBC Bank
Business & Service Awards
Excellence in Private Banking – High Net Worth Services: DBS Wealth Management
Excellence in Private Banking – Growth Strategy of the Year: Deutsche Bank Wealth Management
Excellence in Private Banking – Learning & Development: Bank of Singapore
Excellence in Private Banking – Digital Innovation: DBS Wealth Management
Investment Solution Awards
Excellence in Private Banking – Investment Advisory: HSBC Private Banking
Excellence in Private Banking – Alternative Advisory: Credit Suisse
Excellence in Private Banking – FX Advisory: BNP Paribas Wealth Management
Excellence in Private Banking – Discretionary Portfolio Management: UBS
Awards for Distinction 2018-- One to Watch
"One to Watch" award is handed out on a purely meritocratic basis to a private bank/wealth manager that has not only demonstrated strong performance over the past year for a specific category,but has the potential to become a market leader in due course.
Market Segment Awards
One to Watch Private Bank – Hong Kong: Bank of Singapore
One to Watch Wealth Manager – India Domestic: Waterfield Advisors
Service Awards
One to Watch Private Bank – Family Office Services: China Merchants Bank
One to Watch Private Bank – Next Generation Services: UOB Private Bank
NOTES FOR EDITORS
About Awards for Distinction
The Asian Private Banker Awards for Distinction are designed to recognise private banks,institutions with private banking services,and,for select categories,independent wealth management firms for their achievements within a given year across categories spanning market segments,business and operations,client services and investment solutions. Since 2011,the Awards have set the benchmark for excellence in private wealth management in the Asia Pacific region.
For further information and detailed selection methodology,please visit: apb.news/afd
About Asian Private Banker (APB)
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Media Contacts
Gigi Lam - Awards & Public Relations Manager
gigi.l@asianprivatebanker.com
+852 2529 4178