The industry has recognized Santander Private Banking as top 3 Best Global Private Bank, for the first time in its history.
Madrid, 9 February 2022.
For the first time, Santander Private Banking is among the top 3 Best Private Banks worldwide for clients up to $250 million in the Euromoney Private Banking and Wealth Management Survey 2022, in which private banks and wealth managers recognize their main competitors. It also strengthened its position as a global leader in several markets and categories.
At a regional level, Santander Private Banking’s leadership in Latin America was recognized since the bank was named Best Private Bank in Latin America for ESG (Enviromental, Social and Governance), International Clients, Technology and High Net Worth clients. At country level, the bank was named Best Private Bank in Spain, Portugal, Poland, Mexico, Chile and Uruguay.
Víctor Matarranz, global head of Banco Santander’s Wealth Management & Insurance division, said: “Euromoney’s awards recognize the excellent standards and expertise of Santander Private Banking’s professionals worldwide. Despite covid-19 challenges, Santander Private Banking progressed towards achieving its objectives thanks to its global platform, local presence, best talent and renewed offer of products —like our sustainable range or Future Wealth—. We’re thrilled with the excellent results and grateful for Euromoney’s recognition and for our clients’ trust.”
The Global Private Banking and Wealth Management Survey provides a qualitative review of the best services in private banking, by region and by areas of service, done through a survey to private banks and wealth managers. It is an informative guide for high net-worth individuals on the range of professional wealth management service providers.
Santander Private Banking offers clients personalized service thanks to its team of specialized private bankers in Spain, Portugal, Poland, Switzerland, the UK, the US, Brazil, Chile, Mexico, Argentina and Uruguay. It has more than 100 branches and employs 2,400 experts. By the end of 2021, Santander Wealth Management & Insurance, which includes Santander Private Banking, had €399 billion in assets worldwide.
Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in Europe, North America and South America, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a Simple, Personal and Fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of 2021, Banco Santander had €1.15 trillion in total funds, 153 million customers, of which 25.4 million are loyal and 47.4 million are digital, 9,900 branches and 197,000 employees.
(*) Clients up to $250 million.