BNP Paribas Wealth Management operates across 17 countries, serving a client base of entrepreneurs, family offices and high net-worth individuals.

If JPMorgan Private Bank has one objective, it is to provide to clients that magic combination of an institution with the power of a global financial leader and the intimacy of a private-banking relationship. It is led by Mary Callahan Erdoes.

Amid strong competition between the region’s leading private lenders, Carnegie Private Banking is the judging panel’s choice for best private bank in the Nordics and Baltics this year. The bank has also been recognized in three other categories: family office services, investment research and ultra-high net-worth individuals.

Emirates NBD Private Banking’s retail banking and wealth management division generated its highest-ever revenue and strongest loan growth during the awards period and the firm is named Euromoney’s best private bank in the Middle East this year.

In recent years, the private banking industry in Latin America has been undergoing rapid transformation, with lower real interest rates and digitalization fragmenting traditional brands. And senior bankers forming their own boutiques.

In Brazil – and indeed throughout Latin America – the family-office business is critical for private banks.

Over the past decade, OTP Group has grown as a regional bank in central and eastern Europe – even as other international banks have begun to retreat from the region. Listed in Budapest since 1995, the group now covers 12 countries, counting 17 million customers. Although it is headquartered in Hungary, it also considers itself a market leader in Bulgaria, Serbia, Montenegro and Slovenia in terms of the overall banking market, including retail.

In a year that has seen Asia's financial institutions face mounting pressures from geopolitical headwinds, DBS retains its mantle as Asia’s best private bank 2024. This award comes in tandem with two other regional honours: best for family office services and best for high net-worth (HNW) individuals. Its managing director and group head is Joseph Poon.

As Africa’s largest bank by assets, Standard Bank Wealth and Investment is well-placed to take advantage of the growth of the continent as a private-banking market. The firm is led by Jacques Els.

JPMorgan Private Bank clients enjoy the best of both worlds: an intimate relationship with a US lender that is allied to the power of a genuinely global financial leader. It is led by Mary Callahan Erdoes.

Analysts tracking the trajectory of Asian wealth and trends around gross domestic product are free to peruse government data, surveys and all available reports. Yet some of the most telling clues as to what is going on in this fast-growing region can be found inside the balance sheet of DBS Private Bank.

BNP Paribas Wealth Management is named the best private bank in the Middle East in this year’s private banking awards.

Size, scale, depth of client penetration – together with offering the full range of wealth management advice, products and services across multiple core markets – are key elements in recognising the leading private bank in any region.

The consistent growth in both the scale and the quality of Santander’s private banking business in Latin America this year has impressed the judging panel.

Amid strong competition between Europe’s leading private banks, the judges agree that BNP Paribas deserves to be recognised this year as the region’s best private bank, an award supported by two other honours: best for digital and discretionary portfolio management.

Morgan Stanley’s focus and investment in wealth and asset management over the past few years has created an enhanced, powerful and distinctive offering, illustrated by revenues in wealth management hitting a record high of $24 billion in 2022.

JPMorgan Private Bank wins this year’s top award, as well as being named the world’s best private bank for ultra-high-net-worth individuals 2023, and the world’s best private bank for investment research 2023.