The Covid-19 pandemic proved how technology can benefit both private banks and their clients, and has enabled regional players to compete on a global scale

More than 120 banks from 50 countries around the world entered this year’s annual global private banking awards

This year, 19 private banks have won more than one award. Of these, six institutions - including Citi Private Bank, BTG Pactual, Erste Private Banking, HSBC Private Banking, Northern Trust, Itaú Private Bank – gained the top position in three categories each

PWM’s annual awards see private banking recognising the opportunities available in making private markets more accessible to their clients

The wealth industry has realised digital expertise is essential across both portfolio management and customer relationships

The top gongs in PWM’s Global Private Banking Awards went to those banks which displayed innovative thinking towards portfolio management and in the digital arena, while scandals still plague the industry 

With clients demanding expertise in areas such as ESG, alternatives and technology, PWM’s awards celebrate success for those banks which stay one step ahead 

More than 120 banks from 50 countries around the world entered this year’s annual global private banking awards. 

This year’s record number of winners (65), the highest since the global private banking awards programme started in 2009, is a clear indication of private banks’ increased focus on client needs and their ability to innovate

PWM’s annual private banking awards sees those institutions which were already repositioning for a digital era able to adjust relatively quickly to a world dealing with coronavirus