The data describes leading private banks worldwide in 2016, by assets under management. UBS led the ranking in that year, with managed assets amounting to approx. 2.07 trillion USD.
Private banks – additional information
Private banking refers primarily to financial and investment services offered by banks to their high net worth clients. The conventional value of net worth needed for a person to be qualified as HNW individual is one million USD.
With large value of assets under management, and with consent of their HNW clients, private banks can access a wider range of investment possibilities including alternative investments such us hedge funds.
