Santander Private Banking was named ‘Best Private Banking Overall’ for the first time in Mexico, the seventh year in a row in Portugal and the sixth consecutive year in Chile by Euromoney magazine. It was also named best bank for the ‘Ultra High Net Worth’ segment (over 30 million dollars) in Spain.
For fifteen years, Euromoney magazine has given these awards based on the votes of more than 2,000 entities, including banks, fund managers and family offices.
Victor Matarranz, head of Banco Santander’s Wealth Management division, which includes the Private Banking and Asset Management businesses at a global level, said: “These Awards acknowledge the strength of our Private Banking model which adds value through its unique capacity to establish trust and advise our clients as they navigate important financial decisions”.
Santander Private Banking relies on a team of specialized private bankers in Spain, Brazil, Chile, Mexico, Portugal, UK, US, Poland and Argentina to offer clients. It has a network of 100 private banking offices that employ 2,000 professionals. Santander Private Banking has assets under management of €163,000 million throughout the world.
Banco Santander is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful market share in 10 core countries in Europe and the Americas, and is the largest bank in the euro zone by market capitalization. At the end of 2017, Banco Santander had EUR 986 billion in customer funds (deposits and mutual funds), 133 million customers, 13,700 branches and 200,000 employees. Banco Santander made attributable profit of EUR 6,619 million in 2017, an increase of 7% compared to the previous year.