The Top 10 Largest Private Banks

Here's the Top 10, based on global assets under management as at the end of 2004.

1. UBS - $1,296bn

2. Merrill Lynch Global Private Client Group - $1,030bn

3. Credit Suisse - $529bn

4. JP Morgan Private Bank - $303bn

5. Deutsche Bank - $195bn

6. Citigroup Private Bank - $182bn

7. HSBC Private Bank - $178bn

8. Dresdner Private Banking - $158bn

9. ABN Amro Private Banking - $157bn

10. Wachovia Wealth Management - $147bn


Source - Scorpio Partnership 2004 Private Banking Benchmark study

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