The decision by the US SEC to drop mandatory Scope 3 reporting weakens global emissions reporting standards. However, many corporate issuers are already using Scope 3 performance targets on sustainability-linked transactions for non-regulatory reasons. Are the debt and equities markets leading companies onto ESG ground upon which regulators fear to tread?

For its impressive commitment to this issue in the country, DBS wins the award for Taiwan’s best for sustainability.

DBS wins the award for Taiwan’s best international private bank in recognition of the quality of its services and its leading market position in the country.

Julius Baer wins this award for the investment the firm is making in this core Asian market, as well as the global expertise it offers Indian clients.

UOB Private Bank wins the award as the only foreign private bank operating onshore in Malaysia.

UOB Private Bank wins this award for its commitment to and investment in supporting next generation clients.

DBS wins the award for Singapore’s best domestic private bank for the second consecutive year in recognition of its regional expertise, as well as the strength and sophistication of its wealth management offering.

DBS wins the award for its strength and innovative leadership in serving family office clients in Singapore.

DBS wins the award for its expertise in succession planning.

DBS wins this award for the strength and sophistication of its digital solutions.

DBS wins this award for best international private bank in Hong Kong in recognition of the quality and breadth of its services and its distinctive regional expertise.

JPMorgan Private Bank wins the family office award thanks to the quality and range of products, services and advice it provides wealthy Asian families.

JPMorgan Private Bank wins this award in recognition of its expertise and global connectivity in philanthropic advisory and services.

Julius Baer wins the award for Singapore’s best for high net-worth clients in recognition of the impressive range of expertise and capabilities it offers this key client segment.

JPMorgan Private Bank wins the international private bank award for the power, range and expertise of its cross-business capabilities.

BNP Paribas Wealth Management has been named Western Europe's best private bank for sustainability this year. One of the many factors supporting this decision is the banks’ ability to embed sustainability into all its product and services by prioritising portfolio assessment and the upskilling of its bankers.

Societe Generale Private Banking, the wealth-management arm of Societe Generale, is a worldwide private bank with a strong European base. It had €140 billion of assets under management at the end of September 2023.

The wealth-management divisions of national-champion universal banks have won most of the regional private banking awards in Western Europe. But Lombard Odier offers a powerful reminder of the capabilities of a pure-play private bank, owned by its managing partners who follow a business model solely focused on managing their clients’ assets.

Caixabank Private Banking wins the award for best domestic private bank in Spain this year having demonstrated strong performance and launched important enhancements in many sectors.

JPMorgan has been making a strong push in private banking in Europe, the Middle East and Africa over the past three years, substantially growing its numbers of advisers and clients, opening offices from Athens and Brussels to Copenhagen and Manchester, while taking advantage of its big technology budget to invest in new capabilities.

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

LGT Private Banking is the private bank of the Princely House of Liechtenstein. Founded in 1920, it operates according to the same values and convictions that have guided the building and managing of its owner’s family assets for almost 900 years, across 26 generations: thinking and acting entrepreneurially; a long-term focus; openness to new developments and technologies; and a disciplined approach to risk and resources.

BNP Paribas has been relentlessly fine-tuning its secondary equities business in Europe for more than a decade. While the primary focus has been on reaching an affordable offering for institutional investor customers of its markets business, clients of the wealth-management business are now also benefiting.

In its home market, Deutsche Bank has expanded its leadership with high net-worth (HNW) customers, as well as with the ultra-high net-worth (UHNW) clients that are becoming a core focus in Germany, Europe and cross the globe.

Few manage to do discretionary portfolio management better than Julius Baer today. The largest pure-play private bank by assets under management has been busy during its latest strategic cycle, which runs for three years through 2025.

Deutsche Bank Private Bank is building a focus on the most challenging customer segment of all: ultra-high net-worth individuals and family offices.

BNP Paribas Wealth Management shows “a strong dedication to enhancing the client experience through digital means, innovation and research”, according to the judging panel for this year’s private banking awards.

Serving the next generation of wealthy individuals and family members is at the heart of everything Julius Baer does. The Swiss pure-play wealth manager is cognisant of the vast amount of wealth in the process of being handed from one set of family hands to the next; it sees this segment as a key vehicle for it to, in its words, “live out [its] purpose” and “create value beyond wealth”.

BNP Paribas Wealth Management’s philanthropy solutions have been a noteworthy part of its wider positive impact offering since 2008. The firm aims to provide clients, free of charge, with proposals that fit each step of their philanthropic journey.

At a time when geopolitical and macroeconomic turmoil are more bewildering than ever, the need for the guiding hand of a thoughtful investment research and strategy operation is greater than ever for private-banking clients.