Miami – Citi was recognized by Euromoney magazine as the Best Private Bank in Latin America as part of the magazine's Private Banking Survey 2013. The prestigious award will be presented to Citi during an exclusive ceremony to take place in London on February 21.
Euromoney also recognized Citi in Latin America with two regional top awards in the areas of "Best Range of Investment Products" and "Best Net-Worth-Specific Services High Net Worth I." In addition, Citi received two regional awards in the Caribbean for "Best Range of Investment Products" and "Best Range of Advisory Services." The bank also received numerous awards in Colombia, Ecuador, Mexico, Paraguay, Uruguay and Venezuela.
"We are very proud to be awarded Best Private Bank in Latin America. I would especially like to thank our Latin American clients and staff for making this recognition possible," said Alexander G. van Tienhoven, CEO of Citi Private Bank and Citi Wealth Management for Latin America. "Citi's continuous recognition by the prestigious Euromoney awards distinguishes our sustained efforts to tirelessly serve our private banking clients in the region. We are committed to continuing to offer high quality financial services to create the best outcomes for our clients."
Euromoney has been awarding the Private Banking Awards since 2004, and it is considered one of the most respected awards in the banking industry. Awards are based on the annual Euromoney Private Banking Survey, which provides a qualitative and quantitative review of the best services in private banking, by region and by areas of services. 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 top private banks.
Euromoney 2013 Private Banking Survey Highlights
Latin America
Caribbean
Colombia
Ecuador
Mexico
Paraguay
Uruguay
Venezuela
Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citigroup 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.
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