Private Bank of the Year: Citi Private Bank

Asia Risk awards 2015: Increase in AUM in Asia to $255bn amid retrenchment from rival banks sees Citi win private bank award


Citigroup's private banking division has enjoyed another year of growth in Asia, with particularly strong performances in China and India, at a time when international rivals have exited the sector, ensuring the bank wins the award for the fourth time in five years.

Incoming capital requirements from Basel III implementation and the push for greater tax transparency through measures such as the Organisation for Economic Co-operation and Development's common reporting standards, endorsed by the

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