Offering personalised wealth management solutions and exclusive events, Carnegie Private Banking achieved significant revenue and profit growth during the review period.

The Carnegie blueprint

With an extensive range of products tailored to ultra-high-net-worth (UHNW) individuals, family offices and next-gen clients, DNB Private Banking has a strong and growing presence in the Norwegian market.

DNB Private Banking stands apart from rivals in the Nordics and Baltics ultra-high-net-worth (UHNW) segment, using its expertise and collaborative qualities to drive growth.

DNB Private Banking is a trusted partner for Norway’s wealthiest families, delivering comprehensive, coordinated expertise through an integrated, region-wide approach. It also serves around 60% of Norway’s 400 wealthiest individuals and families.

Carnegie Private Banking embeds sustainability at the core of its business philosophy, viewing it not as a separate initiative but as essential to both investment performance and economic development.

With an expansive analyst network delivering comprehensive Nordic equity coverage and enhanced digital client services, Carnegie Private Banking continued to set benchmarks in regional research excellence.

Coeli Wealth Management has carved out a distinct niche in alternative investments by granting wealthy clients access to private market opportunities traditionally reserved for institutional players.

Carnegie Private Banking’s discretionary portfolio management (DPM) segment has demonstrated robust growth and strategic agility, exemplified by a 49% surge in assets under management in discretionary mandates during the awards period.

JPMorgan Private Bank has cemented its role as a catalyst for social and economic innovation in the Nordic region via strategic philanthropic partnerships, with a focus on fostering creativity, entrepreneurship and youth engagement. 

As the largest asset manager in Finland, with services available in more than100 domestic locations and a 31% market share in private banking, OP Financial Group has a strong presence in the Finnish market.

Nykredit Private Banking stands out for its dedication to meeting diverse customer needs and achieving its sustainability objectives.

Norwegian wealth manager Formue has been growing revenues and assets since opening in 2000. It has done this by financially educating people who never gave much thought to wealth planning and by getting people to like it.

The award for the best international private bank in the Nordics and Baltics goes to JPMorgan Private Bank this year. Among other things, the US lender impressed the judging panel with the philanthropic commitments it has facilitated for clients in the region.

DNB Private Banking has been named this year’s best bank for family-office services in the Nordics and Baltics.

Amid strong competition between the region’s leading private lenders, Carnegie Private Banking is the judging panel’s choice for best private bank in the Nordics and Baltics this year. The bank has also been recognized in three other categories: family office services, investment research and ultra-high net-worth individuals.

The banks in each market that have excelled across a range of core private banking activities during the past 12 months.

Carnegie Private Banking is this year’s winner for best bank for ultra-high net-worth individuals in the Nordics and Baltics.

Formue is this year’s winner for best bank for discretionary portfolio management in the Nordics and Baltics. Key to its success was the lender’s transition from a manually processed portfolio construction to an industry-leading portfolio and advice digital solution: Advent Genesis.

For its mix of global capability with local expertise and philanthropic efforts, JPMorgan wins the award for Sweden’s best international private bank.

Nowadays, wealthy investors are not only looking for further insights and analytical expertise to guide them through uncertain markets but also for the ability to integrate non-financial preferences into their decision-making.

Carnegie Private Banking wins the Sweden’s best domestic private bank award for the second consecutive year for the growth, investment and development it has made across its private banking business.

Sustainability principles are embedded across all the private banking products and services offered by Formue, the Nordics and Baltics’ best private bank for sustainability this year.