NEW YORK--(EON: Enhanced Online News)--Citi Private Bank announced today that the firm was recently named Best US Private Bank and Best Credit Provider at the 4th Family Wealth Report Awards 20171. The awards were presented at the Mandarin Oriental Hotel in New York City on March 2, 2017.
“Citi Private Bank partners with families to offer, among other services, competitive lending solutions. We continue to strive for new and innovative ways to service our Family Office segment, whether it’s through our lending platform or our thought leadership”
"We are very pleased to be recognized by Family Wealth Report as Best Private Bank for our U.S. business. Our focus this year has been on strengthening client relationships, enhancing products and advisory services and retaining and attracting talent to the firm. The client experience is paramount to all that we do at Citi Private Bank. Our clients are constantly telling us that the most attractive aspect of our North American business is our global reach and connectivity to markets around the world. We are able to harness the full power of Citi on their behalf,” said Tracey Warson, Head of North America Citi Private Bank.
ClearView Financial Media’s CEO, and Publisher of Family Wealth Report, Stephen Harris, was first to extend his congratulations to all the winners. “These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process - such that the awards truly reflect excellence in wealth management.
Bill Woodson, Head of Family Office and Business Development for Citi Private Bank in North America, added, “Citi Private Bank partners with families to offer, among other services, competitive lending solutions. We continue to strive for new and innovative ways to service our Family Office segment, whether it’s through our lending platform or our thought leadership,” of the recognition for Best Credit Provider. The group provides credit facilities of different types and structures for family businesses and family assets, commercial real estate lending and residential mortgages and financing available to lend against liquid financial assets, concentrated stock positions and hedge funds.
Citi Private Bank advises some of the world's wealthiest, most influential individuals and families. With approximately $390 billion in global assets under management, the franchise includes 48 offices in 16 countries, serving clients across 139 countries. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.
About ClearView Financial Media Ltd (“ClearView”)
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme.
With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.
1 The methodology for each survey provided has not been validated or verified by Citi Private Bank or Citigroup Inc. Award shortlists were announced in November 2016 and awards were presented in March 2017. Please contact the provider of the relevant survey for information regarding the underlying criteria and factors utilized in compiling the data. For more information regarding the date that an award was received, please contact the provider of the relevant survey. The receipt of an award with respect to a product or service may not be representative of the actual experience of any client, and is not a guarantee of future performance or success.