Private Bank of the Year – Citi

Bassam Salem, Citi

Citi Private Bank Asia defended its title for the third consecutive year by continuing to lead the market in serving the evolving needs of the region’s wealthiest clients as they transition from traditional high net worth to quasi-institutional status fuelled by the commercial success of family holdings.

Already the largest private bank in the region with assets under management of $193 billion during the last awards period, Citi continued to attract new clients, especially in China, and grew it