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PRESS RELEASE
November 10, 2023
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Citi Private Bank wins 3 top awards at The Private Banking Awards 2023

November 10, 2023
mins
Citi Private Bank is named ‘Best Global Private Bank’ for 2022

SUMMARY

Citi Private Bank was named Best Private Bank for Ultra High Net Worth Clients, Best Private Bank for Wealth Women and Best Private Bank for Diversity and Inclusion.

Citi was presented with three major awards at the Financial Times, PWM Global Private Banking Awards 2023, held in London on the 9th November. Citi was named Best Private Bank for Ultra High Net Worth Clients, Best Private Bank for Wealthy Women, and Best Private Bank for Diversity and Inclusion.

Yuri Bender, Editor-in-Chief, Professional Wealth Management commented: “Citi Private Bank impressed the judges with its global footprint, servicing a good spread of wealthy customers across the US, Europe and Asia-Pacific. Its multi-thematic investment strategies aimed at ultra-high-net-worth clients posted healthy long-term returns. The judges also noted the establishment of a Global Advisory Board, including top clients from around the world and a business approach focused on attracting women entrepreneurs, which is ahead of most other industry players.”

Andy Sieg, Head of Citi Global Wealth, commented: “We are incredibly proud to have Citi Private Bank recognized across such an important and diverse set of categories. We believe that with our global network and local expertise, we're singularly positioned to advise our ultra-high net worth clients, their families and their companies around the world. I am thrilled that the judges recognized the hard work of our teams.”

Ida Liu, Head of Citi Private Bank commented: “We are honoured to receive three awards which reflect our strong advice and commitment to our clients. Our focus is to ensure we are the bank of choice for families in every region of the world.  No two clients are the same, each have their own individual priorities and needs, and our personalized approach, coupled with our unparalleled global network and comprehensive solutions are our key differentiators.”

The Global Private Banking Awards are firmly established as the world's most prestigious private banking event. 

The methodology for each award/rating has been reviewed, but not verified, by Citigroup Inc. (Citi) or its affiliates. Please contact the provider of the relevant award/rating for information regarding eligibility of the underlying criteria and factors utilized in compiling the data. The receipt of an award/rating 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 success. Citi or its affiliates paid compensation to obtain or use the award/rating. These awards consider information provided by Citi (and other applicants), and do not solicit input or responses from actual clients.

Citi Private Bank is dedicated to helping dynamic individuals and their families preserve and grow their wealth. Our clients include some of the world’s leading entrepreneurs, executives, investors and their family offices. We provide customized private banking that crosses borders, including some sophisticated services usually reserved for major global institutions.

INVESTMENT PRODUCTS: NOT FDIC INSURED. NOT CDIC INSURED. NOT GOVERNMENT INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.

Citi Private Bank is a business of Citigroup Inc. ("Citigroup"), which provides its clients access to a broad array of products and services available through bank and non-bank affiliates of Citigroup. Not all products and services are provided by all affiliates or are available at all locations. In the U.S., investment products and services are provided by Citigroup Global Markets Inc. "CGMI"), member FINRA and SIPC, and Citi Private Alternatives, LLC ("CPA"), member of FINRA and SIPC and Citi Global Alternatives, LLC (“CGA”). CGMI accounts are carried by Pershing LLC, member FINRA, NYSE, SIPC. CGMI, CPA, CGA and Citibank, N.A. are affiliated companies under the common control of Citigroup.

Outside the U.S., investment products and services are provided by other Citigroup affiliates. Investment Management services (including portfolio management) are available through CGMI, CGA, Citibank, N.A. and other affiliated advisory businesses. Neither Citigroup nor any of its affiliates provides tax or legal advice.

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