Nedbank Private Wealth has taken home two awards at the Euromoney Private Banking Survey Awards dinner held in London. The awards presented recently to Nedbank Private Wealth were an outright win of the category Best Private Bank for High Net Worth Clients US$1m to US$10m, and an equal first for Relationship Management, both for the Jersey region, under the Global Award Categories.
The Euromoney Private Banking awards are amongst the most prestigious in the wealth management industry. These awards involve 380 institutions around the world from over 60 countries each year, and include global and regional awards. They are voted for by the people who know the industry the best, the private bankers themselves. Winning an award is an independent confirmation of excellence in wealth management.
Greg Horton, Managing Director at Nedbank Private Wealth Limited, commented: “We are delighted to receive these two new awards for the first time this year. They further serve to confirm our position as a leading private bank and wealth management business. Receiving this kind of recognition from our peers is a wonderful compliment.”
Euromoney’s annual peer-group survey of the private banking and wealth management industry is unique in publishing. The survey attracted over 2,500 votes this year for a total of 1,169 nominees. The breadth of informed opinion, taken together with financial data, results in Euromoney Private Banking Awards that are respected by clients and the industry alike.
The annual Private Banking Survey provides a qualitative and quantitative review of the best services in private banking, by region and by areas of services. It is an informative guide for high net worth individuals on the range of professional wealth management service providers that are available. Factors such as assets under management, profitability, ratio of clients to relationship managers, and services offered, among other things, are all considered in developing the ranking of the top private banks.