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The 25 biggest private banks in the world

Scorpio Partnership's annual study showed that 2017 was a prosperous year for the world's biggest private banks.

Assets under management at the top 25 private banks in the world rose by 17% on average in 2017, according to Scorpio Partnership's 2018 Global Private Banking Benchmark.

Collectively the top 25 now manage $16.2 trillion (£12.07 trillion) between them as wealth managers benefitted from favourable market conditions, demonstrated by the 22% rise in the FTSE All Share in 2017.

However, Scorpio noted there were other positive indicators, with net inflows rising by 4.3% for those firms who declared data in 2017 after a flat 2016.

'Conditions have been exceptionally positive for global wealth management in the last 12 months, but wealth firms must also be given credit for starting to find new revenue,' Scorpio director Caroline Burkart.

'Our client engagement assessments throughout 2017 have indicated that client sentiment is on the up, which is inevitable when markets are good.'

According to the study, Asian firms registered the most gains, while a familiar name kept top spot. Find out who made the top 25...

 

 

 

  

 

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Assets under management at the top 25 private banks in the world rose by 17% on average in 2017, according to Scorpio Partnership's 2018 Global Private Banking Benchmark.

Collectively the top 25 now manage $16.2 trillion (£12.07 trillion) between them as wealth managers benefitted from favourable market conditions, demonstrated by the 22% rise in the FTSE All Share in 2017.

However, Scorpio noted there were other positive indicators, with net inflows rising by 4.3% for those firms who declared data in 2017 after a flat 2016.

'Conditions have been exceptionally positive for global wealth management in the last 12 months, but wealth firms must also be given credit for starting to find new revenue,' Scorpio director Caroline Burkart.

'Our client engagement assessments throughout 2017 have indicated that client sentiment is on the up, which is inevitable when markets are good.'

According to the study, Asian firms registered the most gains, while a familiar name kept top spot. Find out who made the top 25...

 

 

 

  

 

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25: CIC

AUM 2017: $161.98 billion

AUM 2016: $133.61 billion

AUM growth: 21.24%

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24: Bank of China

AUM 2017: $184.45 billion

AUM 2016: $143.99 billion

AUM growth: 28.09%

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23: Crédit Agricole

AUM 2017: $194.98 billion

AUM 2016: $160.33 billion

AUM growth: 21.61%

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22: ICBC

AUM 2017: $205.97 billion

AUM 2016: $174.23 billion

AUM growth: 18.21%

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21: Santander

AUM 2017: $209.71 billion 

AUM 2016: $181.86 billion

AUM growth: 15.3%

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20: Bank of NY Mellon

AUM 2017: $237.9 billion

AUM 2016: $204.9 billion

AUM growth: 16.28%

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19: ABN Amro

AUM 2017: $240.69 billion

AUM 2016: $215.56 billion

AUM growth: 16.28%

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18: Safra Sarasin Group

AUM 2017: $249.9 billion

AUM 2016: $208.5 billion

AUM growth: 19.9%

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17: Deutsche Bank

AUM 2017: $256.77 billion

AUM 2016: $227.24 billion

AUM growth: 13%

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16: HSBC

AUM 2017: $258 billion

AUM 2016: $222 billion

AUM growth: 16.22%

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15: Pictet

AUM 2017: $284.18 billion

AUM 2016: $246.32 billion

AUM growth: 15.37%

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14: Northern Trust

AUM 2017: $289.9 billion

AUM 2016: $248.4 billion

AUM growth: 16.67%

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13: China Merchants Bank

AUM 2017: $292.85 billion

AUM 2016: $238.96 billion

AUM growth: 22.55%

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12: BMO Financial Group

AUM 2017: $341.56 billion

AUM 2016: $301.82 billion

AUM growth: 13.17%

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11: Julius Baer

AUM 2017: $388.27 billion

AUM 2016: $323.9 billion

AUM growth: 19.87%

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10: BNP Paribas

AUM 2017: $436.75 billion

AUM 2016: $361.90 billion

AUM growth: 20.68%

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9: Goldman Sachs

AUM 2017: $458 billion

AUM 2016: $413 billion

AUM growth: 10.9%

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8: JP Morgan

AUM 2017: $526 billion

AUM 2016: $435 billion

AUM growth: 17.23%

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7: Citi

AUM 2017: $529.9 billion

AUM 2016: $452 billion

AUM growth: 17.23%

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6: Credit Suisse

AUM 2017: $792.02 billion

AUM 2016: $669.57 billion

AUM growth: 18.29%

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5: Royal Bank of Canada

AUM 2017: $907.88 billion

AUM 2016: $786.51 billion

AUM growth: 15.43%

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4: Wells Fargo

AUM 2017: $1,899.3 billion

AUM 2016: $1,717.1 billion

AUM growth: 10.6%

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3: Bank of America

AUM 2017: $2,206.03 billion

AUM 2016: $1,971.97 billion

AUM growth: 11.87%

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2: Morgan Stanley

AUM 2017: $2,223.1 billion

AUM 2016: $1,948.38 billion

AUM growth: 14.1%

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1: UBS

AUM 2017: $2,403.75 billion

AUM 2016: $2,056.9 billion

AUM growth: 16.86%

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