UBS maintains top spot on private bank poll

Despite tough markets in 2001, the global top-10 private banks grew assets under management by 8%.

UBS Private Banking has maintained its number-one ranking in terms of global private banking assets under management, according to Scorpio Partnership, a London-based global wealth management think tank. UBS manages $433 billion, up from $416 billion in 2000, dominating the benchmark. The runner-up, Morgan Stanley Dean Witter, has a mere $292 billion under its belt, up from $193 billion.

Rounding out the top five are Credit Suisse Private Banking, JPMorgan Chase Private Bank and Goldman Sachs, which released a detailed breakdown of its private client assets under management to Scorpio for the first time.

Deutsche Bank Private Banking, Citigroup Private Bank, Merrill Lynch International Bank, HSBC Republic and BNP Paribas complete the list.

Global...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222