Best private bank for global investment exposure 2017
ICBC Private Banking
Few Chinese lenders can compete at any level with the global scale and reach of ICBC’s investment products. The Beijing-based lender’s private banking division is often at the front of the queue when it comes to rolling out new services. It was the first mainland lender to launch a global investment fund in Luxembourg. Likewise, it was one of the first Chinese banks to establish an overseas investment fund platform.
Customers can tap into ICBC Private Banking’s network, securing best-in-class wealth management services. ICBC’s private banking network is growing apace. It has expanded its offshore private banking centres, ranging from Hong Kong to Singapore and London to New York.
ICBC is now the world’s 23rd largest private banking outfit. And this is just the start. ICBC Private Banking already boasts the widest global reach of any Chinese private bank. Scroll forward a few years, and it is likely to be ranked as one of the world’s largest and most powerful managers of high-end wealth.