Private Banker International (PBI) announced the winners for the 2014 Private Banker International Greater China Awards, held in conjunction with the PBI Greater China Summit, on 28 May at The Grand Hyatt Hotel in Hong Kong.
The PBI Greater China Awards – an important extension of the Private Banker International Global Wealth Awards – recognise excellence by banks and other wealth managers in various geographies.
Ruben Kempeneer, Regional Director of Timetric said: "Nominations this year continued to show enhanced sophistication in the service models and respective propositions of private banks with operations in Greater China. Not only have institutions recognised the cognitive changes occurring in these significant markets, they are clearly appreciative of the need for adaptive models to remain relevant to the needs of the clients and the transformative reform of the region.
"This year’s winners exhibited a clear direction in their improved strategies, highlighting the need for close integration across markets and really honed in on their strengths as institutions respectively. This proved successful in a challenging time for the industry when identifying your core proposition to clients is vital to remaining competitive."
Created to identify industry leaders and those individuals and organisations that are setting new standards in this exciting wealth management market, the PBI Greater China Awards are voted by the industry for the industry.
There were a number of new award categories, such as the Best Renminbi Offering award and Best Family Office Offering to name a few, added to the PBI Greater China Awards this year to reflect the current and important trends in the region.
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Private Banker International Greater China Awards 2014 Winners
Best Private Bank in China
Winner
China Merchants Bank
Best Private Bank in China (Foreign)
Winner
UBS China
Best Private Bank in Hong Kong
Winner
Bank of East Asia
Best Private Bank in Hong Kong (Foreign)
Winner
BNP Paribas Wealth Management
Best Private Bank in Taiwan
Winner
Taishin Bank
Best Private Bank in Taiwan (Foreign)
Winner
Credit Suisse
Best Renminbi Offering
Winner
HSBC Private Bank
Best Family Office Offering
Winner
Credit Suisse
Best UHNW Offering
Winner
Credit Suisse
Best Next-Generation Offering
Winner
HSBC Private Bank
Best Wealth Management Platform
Winner
AG Delta
Outstanding Private Banker(Greater China-North Asia)
Recognising up-and-coming talent in the private banking industry
ChingyeeYau, HSBC Private Bank