Private banking and wealth management awards 2007: The world’s best private banks

Private banks have never had it so good. Every region in the world offers a growth opportunity. Clients want an ever-increasing array of products and services. This leads to intense competition, evident in Euromoney’s latest annual private banking survey. But is further consolidation inevitable? Helen Avery reports.

Private banking and wealth management awards 2007:

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A wealth of opportunity?

FOR THE FOURTH time, UBS Wealth Management takes the title of best global private bank in Euromoney’s annual private banking survey. Through acquisitions and aggressive expansion, the Swiss bank has succeeded in building up a presence across the globe and rolling out its holistic wealth management solution to the broadening needs of high-net-worth clients.

The results of this year’s survey, however, point to growing competition from regional players on their home turf.

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