The bank’s Wealth Management teams were honored with outstanding results in the 2012 Asiamoney Private Banking Poll, which included more than 4,000 private banking clients across Asia.
Ultra High-Net-Worth Clients holding more than USD25 million in assets under management (AUM), ranked the bank No. 4 in Asia, No. 2 in Singapore and Taiwan, and No. 3 in India.
Among clients with between USD 5 million and USD 25 million in AUM, the bank was voted No. 3 best private bank in mainland China and India, No. 4 in Taiwan and No. 5 in Hong Kong and Singapore.
For clients with USD1 million to USD5 million of AUM, WM is voted No. 3 in Taiwan and the mainland, and No. 5 in India.
These results, in a recognised industry standard, have improved since last year and represent the bank’s ability to serve private banking clients.