08.11.2018 — Global Private Banking Awards 2018: Berenberg named “Best Private Bank in Germany” for the eighth time in a row
Hamburg/London. The Berenberg private bank has again been titled “Best Private Bank in Germany” in the Global Private Banking Awards. This is the tenth time the Financial Times Group, with its trade journals The Banker and Professional Wealth Management, has given this coveted annual award. Germany’s oldest private bank is the world’s only institution to gain this title eight times in a row.
Hans-Walter Peters, Spokesman of the managing partners of Berenberg, said “we are proud to maintain our outstanding ranking from the previous years. A company that has been in existence for 428 years must always be open to change, and must actively address the challenges of the future. We have expanded our radius and our business model, in rigorous alignment with the needs of our clients. Going forward we will continue to strengthen our position as managers of complex portfolios.”
The independent jury looked at banks in over 60 countries and evaluated criteria including company and growth strategy, as well as client relationship management. They also examined how well the institutions conform their portfolio management, asset management and product strategies to client needs.