Press Release

Citi Private Bank named World’s Best Private Bank for net worth of $25 million or more for 2024


Citi Private Bank was named World’s Best Private Bank for net worth of $25 Million or more for 2024 by Global Finance Magazine, marking its 9th category win.

Each year, Global Finance recognizes outstanding banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth. The awards spotlight institutions that build stability, trust, and growth for some of the world’s wealthiest individuals. The awards also acknowledges organizations who demonstrate strong expertise and clear vision in catering to a diverse set of clients – from emerging wealth creators to next generation to established wealth owners.

“We are incredibly proud to have Citi Private Bank be recognized as the World’s Best Private Bank in 2024,” said Ida Liu, Head of Citi Private Bank. “Our global network combined with local expertise and access to all that Citi offers, uniquely positions us to help ultra-high net worth clients, their families and their companies navigate the complexities of the world today. We are grateful for this recognition and look forward to continuing to serve our clients and their families for many years ahead.”

“When it comes to private banking, business owners and top finance sector executives are sophisticated and knowledgeable clients, savvy to economic and financial trends, but with a fantastically broad array of needs,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Private Bank Awards awards highlight institutions that deliver both on the numbers and on the human side.”

Global Finance’s editorial board selected the winners for the Private Bank Awards with input from executives and industry insiders. The editors also use information from entries submitted by banks, in addition to independent research, to evaluate a series of objective and subjective factors.