Private Banker International (PBI) has announced the winners of the 2017 Private Banker International Greater China Awards in Hong Kong on 2nd of June.
The North-Asia focused awards were held at The Park Lane – a Pullman Hotel, in Hong Kong, and celebrated excellence and achievement in the private banking markets across the region.
Winners were selected by an independent judging panel and PBI Editorial team members across institutional, service proposition and individual categories.
China Merchants Bank was named Best Private Bank in China, while Taishin Bank won the best Private Bank in Taiwan award and HSBC Private Banking scooped the award for best Private Bank in Hong Kong.
The Best Family Office Proposition in Greater China award went to Credit Suisse AG, while HSBC Private Bank won Best Offshore Renminbi Offering.
BNP Paribas was distinguished with the Best Ultra-High-Net-Worth-Individual Offering in Greater China award, while Credit Suisse AG won the Most Effective Wealth Management Platform in Greater China. Citi Private Bank was also recognised as the best Next-Generation Offering in Greater China award.
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By GlobalDataEcho Bi, Michele Tan, and Eddie Chng, from DBS Private Bank, were given the Outstanding Young Private Bankers in Greater China-North Asia, while Sheila Ho, from DBS Private Bank, was named Outstanding Private Banker in the Greater China-North Asia.
Meghna Mukerjee, PBI editor, said: “The Greater China region represents a wealth of opportunities and unique dynamics for global and local private banks. Wealth generation is continuing at a rapid rate across China, Hong Kong and Taiwan and the mass affluent population, particularly, is a segment to watch and engage.
“The success stories in this crucial region must be recognised and felicitated. The quality of nominations this year were by far the most impressive and the award winners exhibited a clear focus in their strategies and are shaping the future of the private banking industry. They have demonstrated their worth through their excellence, expertise and industry-leading initiatives.”
PBI Greater China Awards 2017 winners:
Best Private Bank in China
Winner: China Merchants Bank
Best Private Bank in China (Foreign)
Winner: Citi Private Bank
Best Private Bank in Taiwan
Winner: Taishin Bank
Highly Commended: CTBC and E.SUN Bank
Best Private Bank in Taiwan (Foreign)
Winner: UBS AG
Best Private Bank in Hong Kong
Winner: HSBC Private Banking
Best Private Bank in Hong Kong (Foreign)
Winner: DBS Private Bank
Highly Commended: Citi Private Bank and Credit Suisse AG
Best Family Office Proposition in Greater China
Winner: Credit Suisse AG
Highly Commended: London and Capital Asia
Best Next-Generation Offering in Greater China
Winner: Citi Private Bank
Highly Commended: BNP Paribas Wealth Management
Best Offshore Renminbi Offering in Greater China
Winner: HSBC Private Bank
Best Ultra-High-Net-Worth-Individual Offering in Greater China
Winner: BNP Paribas Wealth Management
Most Effective Wealth Management Platform in Greater China
Winner: Credit Suisse AG
Highly Commended: Taishin Bank
Outstanding Young Private Bankers (Greater China-North Asia)
Winner: Echo Bi, DBS Private Bank
Winner: Eddie Chng, DBS Private Bank
Winner: Michele Tan, DBS Private Bank
Outstanding Private Banker (Greater China-North Asia)
Winner: Sheila Ho, DBS Private Bank