By Citi, Private Bank
November 10, 2020Posted InCiti
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We are proud to have won three industry awards at a ceremony this week, retaining our title in two cases.
At the annual PWM/The Banker Awards held virtually in London, The Private Bank was named Best Private Bank for Customer Service, for the fourth consecutive year. We were also recognized Best Private Bank for Global Families and Family Office for the second year in a row, and Best Private Bank for Business Continuity Plans (Covid-19), reflective of the of how we handled business during the pandemic.
The judging panel noted Citi’s growing focus on capturing the financial and business interests of global families. They highlighted Citi’s ability service international clients with a requirement to manage assets and finances across countries and continents by targeting pockets of cross-border oriented wealth in well-established cross-regional corridors. They also remarked on Citi’s success in attracting new client assets, as seen by $33 billion of net new inflows in 2019. Acknowledging the strength of Citi’s business continuity plans and digital platform, the judges made reference to Citi’s fast move to remote working at the start of global lockdowns and, when regulations allowed, efforts offer clients face-to-face meetings in a controlled, safe environment.
Luigi Pigorini, Regional Head of Citi Private Bank EMEA, said: “It is a great honour to be recognised for these awards. Winning consecutive awards for client service and for our family office practice is a testament to the hard work and dedication shown by our global team amid exceptionally challenging operating conditions. During the past year, we have taken great pride in the positive feedback we have received from our clients about the resilience of our global platform and the consistency and excellence of our service. These awards are a clear indication that these efforts are being recognised throughout the industry.”
The Global Private Banking Awards are now in their 11th year.
The methodology for each survey provided has not been validated or verified by Citi Private Bank or Citigroup Inc. Please contact the provider of the relevant survey for information regarding eligibility and the underlying criteria and factors utilized in compiling the data. All awards were received between June 2019 and November 2020. For more information regarding the date that an award was received, please contact the provider of the relevant survey. The receipt of an award with respect to a product or service may not be representative of the actual experience of any client, and is not a guarantee of future performance or success. The information presented on this page does not constitute an offer of investment advisory services.