For Worlds Best Bank, Euromoneys editor Louise Bowman said: "Under the leadership of Brian Moynihan, Bank of America has become the poster child for stakeholder capitalism in banking. She further explained that previous strong underwriting and ample liquidity have enabled the bank to grow loans strongly in the pandemic recovery." For the best part of six years now, Goldman has been hiring bankers to deal with mid-market corporate clients some of them publicly quoted, many privately owned by families or private equity sponsors. Bank of America Corporation stock(NYSE: BAC)is listed on the New York Stock Exchange.

TIED PLACES APPEAR WITH THE SAME RANKING NUMBER IN THE RESULT TABLES, SOME RANKING CATEGORIES ARE SHORTENED PLEASE SEE BELOW FOR REFERENCE, The material on this site is for financial institutions, professional investors and their professional advisers. The Euromoney's 19th annual Private Banking and Wealth Management Survey is live. Get in touch with Peter York to discuss how you can be involved for our 2023 Awards. Bank of America is the marketing name used by certain Global Banking and Global Markets businesses of Bank of America Corporation. We use cookies to provide a personalized site experience. 2022 Euromoney Private Banking Survey is live! A big thank you goes to our host Victoria Scholar and our private banking editor, Elliot Wilson. It is an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available. Phone: 1.646.858.6471 A period of record-breaking capital markets activity has translated into both record revenues and profits from investment banking at Goldman Sachs in 2021, the magazine observes. Please read our. We were in true awe of our guest speaker, Baroness Helena Morrissey DBE - it was a pleasure having you with us! We invited all private banks and wealth managers to participate in the survey by completing our online questionnaire. The additional eight regional and country awards spanned Latin America and North America: The Euromoney Awards for Excellence were established in 1992 and are the global benchmark for the banking industry. UBSs wealth management team had another stellar year despite the Covid crisis and once again the Swiss lender takes the top spot in Euromoneys private banking survey. MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). 2 0 obj Lending, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. To arrange a meeting or to find out more: Euromoney Private Banking and Wealth Management Survey 2022, Asian Private Banker It offers a powerful way to grow income, valuations and returns.

The company serves clients through operations across the United States, its territories and approximately 35 countries. Citi was named the Worlds Best Digital Bank, the Worlds Best Bank for Securities Services and the Worlds Best Bank for Diversity & Inclusion. 1 `o+d9!C@gm|qTMV&w D44879s))?=M ={K'Wjq~>G30|+Q4E\`vT,K.aD7xx!5ST l~>&JB\rxJMf"s7.F_ne[}?=/T=@8"5)%'2 endobj Please read our. The material on this site is for financial institutions, professional investors and their professional advisers. Please note that certain products and services described on this site may not be available in your jurisdiction. Credit Suisse Group has over the past years been rewarded with a number of prestigious awards. The honor was announced last night at Euromoneys Awards for Excellence gala, an annual event that recognizes outstanding leadership in financial services. Euromoney magazine's 19th annual Private Banking and Wealth Management Survey. endobj Several banks won multiple global categories in this years awards: BNP Paribas was named the Worlds Best Bank for Markets, the Worlds Best Bank for Sustainable Finance, the Worlds Best Bank for Corporates and the Worlds Best Bank for ESG Data & Technology; while Goldman Sachs also won the Worlds Best Bank for Advisory and for FIG. It doesnt lend money at high initial fees to those who likely wont be able to pay it back and so may have to surrender their assets. It doesnt gouge customers, for example on overdraft fees. Our recent wins in Asia Pacific are highlighted below. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Private Banking Survey winners are announced at the Private Banking Awards Dinner on April 27, 2022 in London. It is for information only. 3 0 obj x]oF {y8mm"= What a fantastic turn out we had, bringing together the worlds most influential private banking and wealth management practitioners for an evening of recognition and networking, it was a delight to be able to host you all again! Louise Hennessy, Bank of America When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Euromoneys Awards for Excellence were established in 1992 and were the first of their kind in the global banking industry. %PDF-1.7 Encourage creative collaboration in private banking. Once a branch line of the banking industry, private banking and wealth management is now a driver in its own right. We use cookies to provide a personalized site experience. Euromoney magazine has named Bank of America the Worlds Best Bank for 2022. <>/Metadata 210 0 R/ViewerPreferences 211 0 R>> Company goals are aspirational and not guarantees or promises that all goals will be met. Wealth Management & Private Banking Asia Awards, Read more on Euromoney Private Banking Survey 2021 results.

Adoption, Technology(b) Data Management and Security in Private Banking and Wealth Management, Technology- Data Mngmnt & Security in PB & WM. It is for information only. Visit your regional site for more relevant services, products and events. Complete the online questionnaire by September 24, 2021. If "no results" is displayed, please be sure to click on the year "2022" in the box as although it appears, it needs to be selected to display the results. All this activity translates into a mine of information." Our ability to provide certain products and services depends on such laws and the licenses we possess, as well as our determination of a number of other factors, including our clients qualifications or other eligibility criteria. Awards for Distinction 2021, Asian Private Banker The Worlds Best Bank for Payments and Treasury is another fiercely contested award, which this year went to Bank of America for the second year in succession. These materials are for informational purposes only. Should you have any questions regarding a specific product or service offering, please reach out to your Credit Suisse representative. It was a year of record M&A volume, dominated by large numbers of mid-size deals rather than by mega transactions worth $20 billion or more.

With tools such as CashPro Forecasting, Bank of America is helping its clients use their own data to become more efficient and strategic. Please lengthen the characters to 3 or more. You are about to change the origin location from where you are visiting credit-suisse.com. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.).

It is for information only. It is for information only. 1 0 obj

This year, the magazine received a record number of pitches from banks across the globe for its country, regional and global awards categories. 2022 Bank of America Corporation. JPMorgan is named the worlds best wealth manager in Euromoneys latest private banking and wealth management survey. Bank of America Named Worlds Best Bank by Euromoney Magazine, Bank Also Named Worlds Best Bank for Payments and Treasury and Wins Another Eight Regional and Country Awards. Bank of America is the most prominent example of stakeholder capitalism in operation at a leading global bank, Euromoney states. The bank processes between $1.8 trillion and $2.2 trillion payments (daily) and is now the number one issuer of US Visa and Mastercard commercial cards. Credit Suisse Logo, leads back to the home page, revamp14.Back_x0020_to_x0020_the_x0020_home_x0020_page, Access Sales & Trading Solutions and Research, Access Capital Markets & Advisory Solutions, World's Best Investment Bank in Emerging Markets, Best Private Bank/Wealth Manager for Mega High Net Worth Clients in Australia, Best Private Bank/Wealth Manager for Ultra High Net Worth clients in Indonesia, Best Private Bank/Wealth Manager Overall in the Philippines, Best Private Bank/Wealth Manager for Ultra High Net Worth clients in the Philippines, Best Private Bank/Wealth Manager Overall in Thailand, Best Private Bank/Wealth Manager for Mega High Net Worth Clients in Thailand, Best Private Bank/Wealth Manager for Ultra High Net Worth clients in Thailand, Best Private Bank/Wealth Manager for High Net Worth clients in Thailand, Best Private Bank Asia Pacific High Net Worth, Best Private Bank Intermediary Services, Best Bank for Family Offices in Asia Pacific, Best International Private Bank in Indonesia, Best International Private Bank in Philippines, Best International Private Bank in Taiwan, Best International Private Bank in Thailand, Best International Private Bank in Hong Kong, Best International Private Bank in Malaysia, Best Bank for Asset Management/Discretionary Portfolio Management in Hong Kong, Best Corporate & Institutional Advisor China, Best Corporate & Institutional Advisor Korea, Best Corporate & Institutional Advisor Philippines, Best Corporate & Institutional Advisor Singapore, Best Corporate & Institutional Advisor Vietnam, Best International Private Bank in Asia Pacific, Best for Wealth Transfer/Succession Planning in Asia Pacific, Best International Investment Bank in South Korea, Best International Investment Bank in Singapore, Best International Investment Bank in Indonesia, Best International Investment Bank in Malaysia, Best International Investment Bank in Philippines, Best International Investment Bank in Vietnam, Asia's Best Bank for Investment Solutions, Asia's Best Bank for Investment Solutions, Equity, Asia's Best Bank for Investment Solutions, Credit, Derivatives House of the Year Asia ex-Japan, Best Private Bank for Digital Client Communication, Asia. Certain links may direct you away from Bank of America to an unaffiliated site. j>ff%)qe[Z `I^ywY>fof=i2s&e\er{,k=WO^r)"~{}3.3Yr +|@ GG8~1X='n}n/NO&\_vt_}|Gwr,G[L]3}Wh3^>rdg~;{.G~m/5/\`|:)fpdvD:;9 8ol.x^u)p,2 1Q\ '\noqyhW(AHod-v-#k^Uj( FIX Marketplace, Asias first fully digital and automated fixed-income new-issue execution platform, was named Financial Innovation of the Year for 2022. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. To view regional or domestic results please select the regional option on the first dropdown menu. endobj With combined advisory, underwriting and lending revenues of $14.9 billion and operating expenses of just $6.7 billion, the investment banking division reported a remarkable full-year return on average common equity of 65% for 2021. The 12 months to the end of the first quarter of 2022 show that it has been getting the big calls right, Euromoney says. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. But the pressure is on as banks need to scale up or sell out. The Private Banking and Wealth Management Survey provides a qualitative review of the best services in private banking, by region and by areas of service. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. All rights reserved. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. <> Bank of Americas costs are not inflating.. Goldman Sachs was named the Worlds Best Investment Bank, Worlds Best Bank for Sustainable Finance, Worlds Best Bank for ESG Data & Technology, Worlds Best Bank for Securities Services, Worlds Best Bank for Diversity & Inclusion, Worlds Best Bank for Payments and Treasury, Financial Innovation of the Year for 2022, The worlds best bank for sustainable finance 2022: BNP Paribas, The worlds best bank for markets 2022: BNP Paribas, The worlds best bank for corporates 2022: BNP Paribas, The worlds best bank for ESG data and technology 2022: BNP Paribas, Awards for Excellence 2022: Best bank in Pakistan HBL, Modern Slavery Act Transparency Statement. Equal Housing Lender Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Modern Slavery Act Transparency Statement. *The country of origin is defined in your browser settings and may not be identical with your citizenship and/or your domicile. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America).

We hope to celebrate our successes together very soon. Asset Management Awards 2019, Wealthbriefing <> The material on this site is for financial institutions, professional investors and their professional advisers. EUROMONEYS PRIVATE BANKING AWARDS DINNER 2022, Modern Slavery Act Transparency Statement, Discover and inspire new comers entering the market, Facilitate networking and collaboration across mature and emerging markets. It is testament to the US banks global strength in serving the wealthiest families, along with its drive to constantly transform itself and boost diversity as it hires the most talented relationship managers in core markets. Goldman did around 600 deals worth $500 million and over, an all-time record., Euromoney examined the turnaround at Hamburg Commercial Bank, formerly HSH Nordbank, in its worlds best bank transformation category, stating: Following its 2018 privatization and subsequent rebranding, by early 2022 Hamburg Commercial Bank could boast some of the best financial metrics in banking in Germany if not Europe including a common equity tier-1 ratio of 28.9% and a 50% cost-to-income ratio in a country where 70% is normal.. Southeast Asia & Greater China Awards 2019. Goldman Sachs was named the Worlds Best Investment Bank for 2022 at the same event. Euromoney has named Bank of America the Worlds Best Bank in its Awards for Excellence 2022, which were announced at a ceremony that took place in London on the evening of July 13. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. The magazine recognises the banks investment in technology, which has led to cutting-edge digital offerings both for retail customers and corporations, such as CashPro, its market-leading payments and transaction services product. stream Best private bank/wealth manager overall net-worth-specific services, including mega-high net-worth clients (greater than $250 million); ultra-high net-worth clients ($30 million to $250 million); high net-worth clients ($5 million to $30 million); mass-/super-affluent clients ($100,000 to $5 million) investment management family office services (either independent or department) research and asset allocation advice philanthropic advice ESG/sustainable investing next generation capital markets and advisory serving business owners international clients (serving domestic clients that require access to global markets and global banking) technology - innovative or emerging technology adoption technology - data management and security in private banking and wealth management.

Euromoney also named Bank of America the Worlds Best Bank for Payments and Treasury for the second consecutive year. Your selected results will display on the page below the filter. Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. You work in the financial industry and you have expertise in Private Banking? Private Banking Survey winners are announced at the Private Banking Awards Dinner on April 27, 2022 in London. The Global Private Banking and Wealth Management Survey provides a qualitative review of the best services in private banking, by region and by areas of service. Experience five star hospitality and a first class opportunity to reunite with your clients and colleagues: To discuss additional sponsorship opportunities to further amplify your achievements, please contact Peter York, Business Development Manager, Banking on +442077798022. For technical issues or queries, please contact insight@euromoney.com, The material on this site is for financial institutions, professional investors and their professional advisers. We achieved this honor by delivering Responsible Growth for our clients, our teammates, our communities, our shareholders and for society. Latin America's best bank for Transaction Services, North America's best bank for small and medium-sized enterprises, North America's best bank for Corporate Responsibility, North America's best bank for Transaction Services . Please read our. Bank of America, N.A. And of course, a great closing address from our Overall Global Private Bank and Wealth Management winner Andrew L. Cohen from J.P. Morgan Private Bank. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Click here to find out more information. Commenting on the award, Bank of America Chair and Chief Executive Officer Brian Moynihan said, We are pleased to be recognized as the best bank in the world by Euromoney. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 16 0 R 17 0 R] /MediaBox[ 0 0 595.2 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> We use cookies to provide a personalized site experience. What matters most for investors in bank equity is that this works, the magazine emphasises. Respondents will receive free subscriber-level access to euromoney.com and to the main results of this survey online for the month of February 2022. For Worlds Best Bank in Payments and Treasury, Euromoneys Bowman noted, "Bank of Americas scale and reach is proving a differentiator here for one simple reason data. ]D. 4 0 obj 2022 Bank of America Corporation. The laws and licensing requirements of each country, state, or territory may differ and not all products and services are available in all locations. Congratulations again to all our winners, we look forward to welcoming you again next year.

All rights reserved.

This is the second time in five years that the bank has won the award. When it reported strong results for the first quarter of 2022, including a 15.5% return on tangible common equity, Bank of America disclosed that, for the first time, digital sales accounted for just over half of all sales and that these have doubled since 2019.. It was a privilege to host The Private Banking and Wealth Management Awards Dinner at The Savoy, London on April 27, 2022. louise.hennessy@bofa.com. And it looks after staff.