Awards for Distinction 2018 Press Release

UBS named best private bank in Asia Pacific and Hong Kong for 2018

Hong Kong, 14 January 2019 — Markets bit back in 2018, asking searching questions of Asia’s private banking and wealth management industry following a rosy run in 2017. Asian Private Banker’s annual Awards for Distinction celebrates those that demonstrated their commitment to clients by providing best-in-breed ideas and opportunities, servicing, and performance, as well as institutions and firms that made significant strides on the business and operational fronts.

The hotly contested Asian Private Banker Awards for Distinction attracted over 160 submissions from more than 40 private banking and wealth management providers across Asia Pacific, India, and the Middle East, making 2018 a record year for participation.

Key highlights:

  • Best Private Bank – Asia Pacific: UBS
  • CIO Office of the Year: Deutsche Bank Wealth Management
  • Employer of the Year: Goldman Sachs
  • Best Private Bank – Hong Kong: UBS
  • Best Private Bank – Singapore: Credit Suisse
  • Best Private Bank – Investment Advisory: BNP Paribas Wealth Management
  • Please see below for a full list of this year’s winners.

    Awards for Distinction 2018 – Distinction

    For full details, please visit our website: apb.news/afd2018

    Market Segment Awards
    Best Private Bank – Asia Pacific: UBS
    Best Private Bank – Hong Kong: UBS
    Best Private Bank – Singapore: Credit Suisse
    Best Wealth Manager – Singapore: Crossinvest
    Best Private Bank – Australia: Credit Suisse
    Best Private Bank – China International: Morgan Stanley
    Best Private Bank – China Domestic: China Merchants Bank
    Best Wealth Manager – China Domestic: Noah Holdings Limited
    Best Private Bank – Global Indians: BNP Paribas Wealth Management
    Best Private Bank – India Domestic: Kotak Wealth Management
    Best Wealth Manager – India Domestic: Edelweiss Private Wealth Management
    Best Private Bank – Middle East & North Africa: Bank of Singapore
    Best Private Bank – Japan: Credit Suisse
    Best Private Bank – Philippines International: Julius Baer
    Best Private Bank – Philippines Domestic: BDO Private Bank
    Best Private Bank – Indonesia International: Credit Suisse
    Best Private Bank – Indonesia Domestic: Bank Mandiri
    Best Private Bank – Malaysia International: Credit Suisse
    Best Private Bank – Taiwan International: UBS
    Best Private Bank – Taiwan Domestic: UBS
    Best Private Bank – Thailand International: Credit Suisse
    Best Private Bank – Thailand Domestic: KASIKORNBANK PCL.

    Business Awards
    Private Banker of the Year: François Monnet, Credit Suisse
    COO of the Year: Sudhir Nemali, Deutsche Bank Wealth Management
    Employer of the Year: Goldman Sachs
    Best Private Bank – Growth Strategy of the Year: Maybank
    Best Private Bank – Learning & Development: UBS
    Best Private Bank – Corporate Social Responsibility: Credit Suisse
    Best Private Bank – Digital Innovation: Credit Suisse
    Best Wealth Manager – Digital Innovation: CreditEase Wealth Management
    Best Private Bank – Client Experience: UBS
    Best Wealth Manager – Client Experience: Crossinvest

    Service Awards
    Best Private Bank – High Net Worth Services: UBS
    Best Wealth Manager – High Net Worth Services: CreditEase Wealth Management
    Best Private Bank – Ultra High Net Worth Services: Credit Suisse
    Best Private Bank – Family Office Services: UBS
    Best Private Bank – Intermediary Services: Credit Suisse
    Best Private Bank – Wealth Planning Services: HSBC Private Banking
    Best Private Bank – Next Generation Services: Credit Suisse

    Investment Solutions Awards
    CIO Office of the Year: Deutsche Bank Wealth Management
    Best Private Bank – Investment Advisory: BNP Paribas Wealth Management
    Best Wealth Manager – Investment Advisory: Waterfield Advisors
    Best Private Bank – Fund Advisory: Credit Suisse
    Best Private Bank – Equity Advisory: Morgan Stanley
    Best Private Bank – Fixed Income Advisory: HSBC Private Banking
    Best Private Bank – Alternative Advisory: Goldman Sachs
    Best Wealth Manager – Alternative Advisory: CreditEase Wealth Management
    Best Private Bank – FX Advisory: Indosuez Wealth Management
    Best Private Bank – Sustainable Investments: UBS
    Best Private Bank – Discretionary Portfolio Management: BNP Paribas Wealth Management
    Best Private Bank – Bespoke Discretionary Portfolio Management: Goldman Sachs

    Awards for Distinction 2018 – Excellence

    ‘Excellence’ awards are handed out on a purely meritocratic basis to a private bank/wealth manager that has demonstrated industry-leading standards for a specific category.

    Market Segment Awards
    Excellence in Private Banking – Singapore: Bank of Singapore
    Excellence in Private Banking – China International: UBS
    Excellence in Private Banking – China Domestic: ICBC Private Banking
    Excellence in Wealth Management – China Domestic: CreditEase Wealth Management
    Excellence in Private Banking – Global Indians: Bank of Singapore
    Excellence in Private Banking – India Domestic: BNP Paribas Wealth Management
    Excellence in Wealth Management – India Domestic: IIFL Wealth Management
    Excellence in Private Banking – Middle East & North Africa: Emirates NBD Private Banking
    Excellence in Private Banking – Philippines International: Credit Suisse
    Excellence in Private Banking – Taiwan Domestic: CTBC Bank

    Business & Service Awards
    Excellence in Private Banking – High Net Worth Services: DBS Wealth Management
    Excellence in Private Banking – Growth Strategy of the Year: Deutsche Bank Wealth Management
    Excellence in Private Banking – Learning & Development: Bank of Singapore
    Excellence in Private Banking – Digital Innovation: DBS Wealth Management

    Investment Solutions Awards
    Excellence in Private Banking – Investment Advisory: HSBC Private Banking
    Excellence in Private Banking – Alternative Advisory: Credit Suisse
    Excellence in Private Banking – FX Advisory: BNP Paribas Wealth Management
    Excellence in Private Banking – Discretionary Portfolio Management: UBS

    Awards for Distinction 2018 – One to Watch

    ‘One to Watch’ awards are handed out on a purely meritocratic basis to a private bank/wealth manager that has not only demonstrated strong performance over the past year for a specific category but has the potential to become a market leader in due course.

    Market Segment Awards
    One to Watch Private Bank – Hong Kong: Bank of Singapore
    One to Watch Wealth Manager – India Domestic: Waterfield Advisors

    Service Awards
    One to Watch Private Bank – Family Office Services: China Merchants Bank
    One to Watch Private Bank – Next Generation Services: UOB Private Bank

    NOTES FOR EDITORS

    About Awards for Distinction

    The Asian Private Banker Awards for Distinction are designed to recognise private banks, institutions with private banking services, and, for select categories, independent wealth management firms for their achievements within a given year across categories spanning market segments, business and operations, client services and investment solutions. Since 2011, the Awards have set the benchmark for excellence in private wealth management in the Asia Pacific region.

    For further information and detailed selection methodology, please visit: apb.news/afd

    About Asian Private Banker (APB)

    APB is Asia’s largest and best–connected bureau of journalists and researchers delivering independent, authoritative and indispensable intelligence, data and connections solely focused on Asia’s rapidly growing private wealth management communities. We distil Asia’s authoritative private wealth industry news, data and research, which is then delivered through several platforms:

    • Daily, weekly and monthly e-newsletters sent to more than 10,000 subscribers
    • The largest curated social media conversations surrounding wealth management

    MEDIA CONTACT
    Gigi Lam – Awards & Public Relations Manager
    [email protected]
    +852 2529 4178