March 4, 2014
Citigold in Hungary was top rated for its range of investment products in Euromoney magazine’s 2014 Private Banking and Wealth Management Survey.
Aftab Ahmed, Citi Country Officer for Citi Hungary said, “Serving our high-net-worth customers with a unique range of world-class investment products is at the core of our wealth management strategy at Citi. We are leveraging Citi’s over 200-year history, unmatched global footprint, global and local expertise to create value for our Citigold customers. This top position in Euromoney’s 2014 Private Banking and Wealth Management Survey recognizes the quality of the impressive array of Citi products and the value associated with the products of our partners that we distribute.”
Jon Wiggins, Consumer Business Manager for Hungary also remarked, ”In serving our customers with excellence as a trusted partner, we are combining the knowledge and experience of our highly skilled personal bankers with our revolutionary technology-based CitiPlanner Wealth Management tool to ensure we build up and manage investment portfolios that best meet our customers’ needs and goals. We appreciate this accolade in Euromoney’s 2014 survey even more as this acknowledgement came from our peers.”
Background on the award
2014 marks the 11th year of Euromoney’s Private Banking Survey – the industry’s leading barometer of the world’s best service and product providers to the world’s wealthy. Close to 500 institutions took part in the survey from 93 countries, with around 3,000 responses. Together they represent $14.4 trillion in assets under management. The results are based on a combination of bank-provided data and peer review, and a full methodology is published online.
The annual Euromoney Private Banking and Wealth Management Survey provides a qualitative and quantitative review of the best services in private banking, by region and by areas of service. It is an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available. 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.
Back to Press Room