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Euromoney names Butterfield Island’s best private bank

UK publication Euromoney has named Butterfield Bank as Bermuda’s best private bank in its 2012 Global Private Banking Survey. Butterfield was also ranked number one in Bermuda for “Relationship Management” and its “Range of Investment Products”.

In the Cayman Islands, Butterfield’s Cayman branch was similarly ranked number one in the jurisdiction for private banking “Relationship Management” and “Net-Worth-Specific Services for Super Affluent” clientele. It was ranked second in the category of “Best Private Banking Services Overall”.

In Barbados, Butterfield Bank (Barbados) Ltd tied for first place in the Survey’s ranking of “Range of Investment Products”.

“We are honoured that Euromoney has recognised Butterfield as being the top provider of private banking services in Bermuda,” said Nir Sadeh, Butterfield’s senior vice-president and head of Private Banking in Bermuda. “We place a priority on client service and offering highly customised banking and wealth management solutions. Our ranking in the survey reinforces that our highly skilled and experienced team is delivering the personalised attention and financial expertise that high net worth clients value.”

Regionally, Butterfield and its subsidiaries were ranked in the top ten among private banking leaders in the Caribbean in the following categories: “Best Private Bank Overall” (ranked eighth); “Relationship Management” (ranked fourth); “Net-Worth-Specific Services for the Super Affluent” (ranked third).

In Europe, Butterfield Bank (Guernsey) Limited achieved a fourth-place ranking for “Best Private Banking Services Overall” in the highly competitive Guernsey market.

“Private banking is a key part of Butterfield’s international wealth management offering, along with trust and asset management services,” said Bradford Kopp, Butterfield’s president and CEO. “Across the globe, we have done a great deal of work to improve and integrate our wealth management offerings over the last year, and our rankings in the

Euromoney 2012 Global Private Banking Survey are a testament to our success in that regard.”

The 2012 Global Private Banking Survey appears in the February 2012 edition of Euromoney. Euromoney is a UK publication with an average of 145,000 readers in capital markets around the world, including Europe, the Americas, Asia and the Middle East.

Nir Sadeh, Butterfield?s Senior Vice President and Head of Private Banking in Bermuda

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Published April 17, 2012 at 9:36 am (Updated April 17, 2012 at 9:35 am)

Euromoney names Butterfield Island’s best private bank

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