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  • Santander Private Banking rolled out a range of digital adaptations amid the pandemic and has not stopped since. Digital onboarding has become standard, and the firm can now identify client identity remotely. Digital signatures first became available to clients in 2020 and has since been made available for various client needs.
  • Few investment trends have grown and evolved as quickly as ESG. Private banking clients are becoming increasingly ambitious in their demands, as new products and strategies allow investments to target specific goals and sectors. In the Chilean market, one bank stands out in terms of size and sophistication – Santander Private Banking.
  • Santander Private Banking Brazil earns its well-deserved win by combining the size and strength of a global firm with local market penetration and expertise. Already distinguished in terms of service scope, the firm still made impressive progress in broadening its offer range in 2022.
  • Succession planning and wealth transfer can be some of the most valuable yet challenging services private banks provide. This makes it all the more important that clients feel they have a firm with the insight and expertise to help them navigate a generational handover. Santander Private Banking Brazil has spent more than two decades helping ultra-high net-worth (UHNW) families manage wealth and estate planning.
  • The last few years have not been kind to the Argentinian economy. In 2022, inflation returned to levels not seen since the dark days of the 1990s. For clients eager to protect their wealth and navigate a fraught financial landscape, picking the right private bank has never been more important. The award this year for Best International Private Bank in Argentina goes to Santander Private Banking.
  • In a testament to OP Financial Group’s (OP) strength, resilience and popularity, 2022 saw the bank enjoy its second best year ever for net sales despite a severe wider market slump. Net fees rose 1.4% in 2022 to hit an all-time high, as did net fees from legal services, which were up almost 14%.
  • Germany’s economy endured one of its stormiest years in decades in 2022. Bereft of traditional safe harbours, clients at JPMorgan Private Bank were able to rely on the size, strength and insight of an international firm. The firm stands out as one of the few private banks with a truly integrated one-bank approach, complementing its competitive advantage in terms of sheer scale.
  • Jordan Kuwait Bank (JKB) set up a private banking department over 15 years ago, but it was only in 2021 that the bank unveiled a dedicated private banking headquarters, “The Villa”.
  • Part of CaxiaBank’s strength in discretionary portfolio management is its breadth of offerings, which the firm continues to grow through a commitment to innovation. In late 2022, for example, the bank added a new delegated fund management option to its Smart range – Smart Rentas.
  • CaixaBank could be forgiven for relying on its extensive physical branch and service centre network. But the bank's hybrid relationship model is also underpinned by world-class digital capabilities.
  • The numbers paint a clear picture of CaixaBank’s prime position in the Spanish market - more than 900 professionals, almost 3,900 branches and over €113.6 billion in assets under management. The bank’s well established CaixaBank Wealth brand for high-net worth customers has 77 account managers serving over 2,330 customers with total assets of €18.2bn.
  • Competition in Brazil’s private banking industry is heating up as digital investment platforms make it cost-effective for new entrants to break in. But BTG Pactual’s long-established wealth management franchise has built a position that seems unassailable.