Citi Private Bank has been named Best Global Private Bank (2012) for the third year in a row and was also named Best Private Bank for Customer Service for 2012 by two Financial Times publications, The Banker and PWM.

In addition, the Private Bank in Europe Middle East & Africa was recently recognized by Spear’s Wealth Management as the 2012 Best Private Bank (Europe).

Winners had to demonstrate their ability to adapt their business model to the new regulatory and post financial crisis environment, generate sustainable long-term adjusted returns and offer trusted advice to wealthy investors. Client service innovation was also looked at in the judging.

Phil Hooper, Citi Country Officer for Jersey and Private Bank Business Head said ‘we are very proud of this achievement, and it is because of the support of our clients and their advisors that we have been honoured with this recognition.

We look forward to continuing to help our clients and their advisors fulfil their financial aspirations by bringing them the best global opportunities and world class advice.’

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.