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Citi Private Bank Is #1 in North America and the United States

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Citi Private Bank Is #1 in North America and the United States Reprinted from January 2008 www.euromoney.com Private banking survey 2008 Volume 39, Number 465 Citi Private Bank is #1 in North America and the United States Promising commitment NORTH AMERICA Despite the private bank’s small stature in the whole of Citi, John Longley, CEO of Citi Private Bank in BEST PRIVate BANKING SERVICES OVERALL the US and Canada says the commitment to it will be maintained. It ranked second best global private 2008 2007 bank in Euromoney’s 2008 private banking poll, so AMERICA 1 2 Citi it seems that Citi’s peers are confident that the firm 2 3 UBS is still performing well. Third-quarter 2007 client 3 1 JPMorgan business volumes (from assets and lending and 4 9= HSBC financing) were up 28% to $298 billion and revenues 5 5 Goldman Sachs were up 25%. NORTH “The private bank is a strong earner and one of S the higher-growth businesses in the organization. UNITED StateS It complements the alternatives group and the BEST PRIVate BANKING SERVICES OVERALL investment banking group, as well as having a good TATE partnership with Smith Barney, so its importance S as a business line is understood within the entire 2008 2007 institution,” says Longley. New Citi CEO Vikram 1 2 Citi Pandit has echoed Longley by saying that the wealth 2 1 JPMorgan ITED management arm is viewed as a growth business. 3 4= UBS N 4 3 Goldman Sachs U 5 HSBC “The private bank L is one of the GLOBAL higher-growth OBA BEST PRIVATE BANKING SERVICES OVERALL businesses in our L organization.” G 2008 2007 1 1 UBS John Longley 2 2 Citi CEO 3 3 HSBC Citi Private Bank 4 4 Credit Suisse US and Canada 5 6 Deutsche Bank www.euromoney.com Reprinted from · EUROMONEY · January 2008 Private banking poll NET-WORTH-SPECIFIC SERVICES HIGH NET-WORTH I ($1 MILLION TO MANAGED FUTURES FAMILY OFFICE SERVICES $10 MILLION) 2008 2007 2008 2007 2008 2007 1 1 Merrill Lynch 1 4 UBS 1 2 UBS 2 2 Citi 2 8 Citi AMERICA 2 10 Citi 3 4 UBS 3 1 JPMorgan 3 1 Merrill Lynch FOREIGN EXCHANGE TAX GUIDANCE AND SERVICES HIGH NET-WORTH II ($10 MILLION TO 2008 2007 2008 2007 $30 MILLION) 1 1 Citi 1 1 Ernst & Young 2008 2007 2 5= Deutsche Bank 2 10= Baker & McKenzie NORTH 1 2 Citi 3 2 UBS 3= 10= Citi 2 4 UBS REAL ESTATE INVESTMENT 3= 2 KPMG 3 1 JPMorgan 2008 2007 SPECIALIZED SERVICES CUSTOMER SERVICES 1 3= JPMorgan INHERITED WEALTH AND BUSINESS EQUITY PORTFOLIO MANAGEMENT 2 2 Goldman Sachs 2008 2007 2008 2007 3 6= Citi 1 11 UBS 1 2 Merrill Lynch LUXURY INVESTMENT 2 1 Citi 2 3 UBS 2008 2007 3 3 JPMorgan 3= 7 Citi 1 1 Citi CORPORATE EXECUTIVES 3= 1 Goldman Sachs 2 2 UBS 2008 2007 HEDGE FUND INVESTMENT 3 3= JPMorgan 1 1 Citi 2008 2007 ISLAMIC BANKING SERVICES 2 3 UBS 1 5 UBS 2008 2007 3 4 Bank of America 2 1 Goldman Sachs 1 1 Citi ENTREPRENEURS 3 2 Citi 2 7= UBS 2008 2007 3 2= HSBC 1 2 Citi 2 1 Goldman Sachs 3 17= Lehman Brothers S UNITED STATES BOSTON NEW YORK CUSTOMER SERVICES BEST PRIVate BANKING SERVICES BEST PRIVate BANKING SERVICES HEDGE FUND INVESTMENT TATE OVERALL OVERALL S 2008 2007 2008 2007 2008 2007 1 1= Citi 1= Citi 1 Citi 2 1= Merrill Lynch 1= Goldman Sachs 2 Goldman Sachs 3 4 Goldman Sachs 2 Merrill Lynch 3 JPMorgan ITED 3 JPMorgan EQUITY PORTFOLIO MANAGEMENT N EQUITY PORTFOLIO MANAGEMENT 2008 2007 U SPECIALIZED SERVICES CORPORATE EXECUTIVES 2008 2007 1 Citi 2008 2007 1= Citi 2 JPMorgan 1 1 Citi 1= Merrill Lynch 3 UBS 2 3= Bank of America 3 Lehman Brothers HEDGE FUND INVESTMENT 3 2 Goldman Sachs 2008 2007 MIAMI 1 Citi ENTREPRENEURS 2 Merrill Lynch 2008 2007 BEST PRIVate BANKING SERVICES 3 Credit Suisse 1 2 Citi OVERALL 2 14= Lehman Brothers 2008 2007 3 1 Goldman Sachs 1 Citi 2 JPMorgan 3 HSBC FIXED-INCOME PORTFOLIO MANAGEMENT 2008 2007 1 Citi 2 HSBC 3 UBS Reprinted from · EUROMONEY · January 2008 www.euromoney.com.
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