Swiss-based Credit Suisse has gone back-to-back in being named the Best Private Bank in Australia for a second year in succession by Euromoney Magazine.
As well, Credit Suisse was named the Best Private Bank globally for a third consecutive year.
The awards are based on the results of Euromoney's Private Banking Survey 2012, which are derived from a qualitative and quantitative review of the best services in private banking by markets and by areas of service.
Commenting on the results, Credit Suisse Private Banking chief executive Hans-Ulrich Meister said he was pleased the market had recognised the bank's leadership position, despite the difficult environment.
Credit Suisse Private Banking, Australia head, Edward Jewell-Tait attributed the bank's competitive strength in Australia to its versatile operating and reporting platform, access to its vast global research and investment resource base, a commitment to unconflicted advice and a talented team of relationship managers.
