Private Banker International (PBI) has announced the winners of the fourth annual Private Banker International Awards: London 2017 at a gala dinner ceremony in Waldorf Astoria Hotel yesterday, 8 June.

The Europe-focused awards celebrated the best among the private banks that are successfully serving wealthy clients across the region and act as a benchmark for excellence in the private banking industry.

Winners were selected by an independent judging panel and PBI Editorial team members across 12 categories alongside the Editor’s Special Award.

BNP Paribas Wealth Management and Credit Suisse won two awards each. The first bagged the Outstanding Private Bank for Next Generation Proposition and the Outstanding Private Bank for Philanthropy Proposition Award, while the latter claimed the Outstanding Private Bank – Eastern Europe and the Outstanding Private Bank for UHNW Clients Award.

The Outstanding Private Banking Customer Relationship Service and Engagement Award went to Citi Private Bank, while Societe Generale Private Banking was selected as Outstanding Private Bank – Western Europe.

Prometeia was distinguished with the Outstanding Digital Solutions Provider (Vendor) Award, while Appway received the Outstanding Wealth Management Technology Provider – Middle Office (Vendor) Award and Avaloq took home the Outstanding Wealth Management Technology Provider – Back Office (Vendor).

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The Editor’s Special Award went to Nykredit for its high rate of client satisfaction and ambitious growth in the Nordic region.

The awards ceremony was preceded by an all-day conference that debated some of the most pertinent issues prevalent in the UK and European private banking markets.

Meghna Mukerjee, PBI editor, said: “The Private Banker International: London Conference and Awards have gathered significant momentum in the last four years and this year’s event was exceptional. The calibre and quality of the PBI Europe Awards submissions were extremely high. We added a new award category this year as well that was enthusiastically received by the industry.

“The award winners of 2017 are rewiring the future of the private banking industry across Europe and have demonstrated their strength through their innovative and market leading initiatives, excellence and expertise. They have proved successful during challenging times for the industry and identified core propositions to remain competitive and client centric.”

PBI Awards: London 2017 winners:

Outstanding Private Bank – UK – International Clients

Winner: HSBC Private Bank (UK)

Outstanding Private Bank – UK – Domestic Clients

Winner: Barclays Wealth and Investments

Outstanding Private Bank – UK Crown dependencies

Winner: Kleinwort Hambros

Editors Special Award

Winner: Nykredit

Outstanding Digital Solutions Provider (Vendor)

Winner: Prometeia

Outstanding Wealth Management Technology Provider – Middle Office (Vendor)

Winner: Appway

Outstanding Wealth Management Technology Provider – Back Office (Vendor) 2017

Winner: Avaloq

Outstanding Private Bank for Next Generation Proposition

Winner: BNP Paribas Wealth Management

Outstanding Private Bank for Next Generation Proposition

Winner: Standard Bank Wealth and Investment

Outstanding Private Bank for UHNW Clients

Winner: Credit Suisse

Outstanding Private Bank for Philanthropy Proposition

Winner: BNP Paribas Wealth Management

Outstanding Private Banking Customer Relationship Service and Engagement

Winner: Citi Private Bank 

Outstanding Private Bank– Eastern Europe

Winner: Credit Suisse

Outstanding Private Bank – Western Europe

Winner: Societe Generale Private Banking