Bank of the West Named Best Commercial Bank and Best Private Bank in the Western United States by World Finance Magazine
San Francisco, CA | Sep 29, 2015
Bank of the West's Commercial Banking Group (CBG) and Wealth Management Group (WMG) were named 2015 Best Commercial Bank – US West and Best Private Bank – US West, respectively by World Finance Magazine. These recognitions were the result of nominations by World Finance Magazine readers and review by the 2015 panel of judges.
Bank of the West's Commercial Banking Group, the recipient of Best Commercial Bank – US West for the second year in a row, meets the rapidly changing needs of growing businesses with annual revenues of $25 million and higher. The award for Best Commercial Bank – US West recognizes CBG for its highly responsive and personalized service by bankers, close community ties and access to the global resources of BNP Paribas.
The judging panel indicated that, "The uniqueness of the Bank's business model, in tandem with the parent company (BNP Paribas) gives Bank of the West, a commercial banking value proposition no other regional bank can match – a regional Bank with a global reach."
"We are honored to be recognized by World Finance Magazine for keeping our clients at the center of everything we do," said Jean Marc Torre, senior executive vice president and head of CBG. "We are committed to helping our clients navigate an increasingly complex business landscape so they can achieve their unique visions, whether they operate locally, nationally, or internationally."
Bank of the West's Wealth Management Group has won World Finance Magazine's Best Private Bank in the Western US award for the third year in a row. The Bank is recognized for its strong proactive, holistic understanding of its clients and their private banking and wealth management needs.
As commented by the program judges, "These operational dynamics, coupled with the Bank of the West brand prestige, strong client retention, and indeed strong recognition of superior client servicing, gives Bank of the West, a private banking value proposition no other US West bank can match."
John Bahnken, senior executive vice president and head of WMG added, "Receiving this recognition for the third year in a row speaks to our dedication to our clients and their needs. The results of such dedication are that we are seeing an increase in new clients, while our existing clients continue to express satisfaction with the advice, solutions and services our team delivers."
Winners of the 2015 World Finance Awards were announced publicly in the September/October issue of the magazine.
More about the awards and World Finance magazine can be found at www.worldfinance.com.
About Bank of the West Commercial Banking Group:
Bank of the West's CBG team meets the rapidly changing needs of growing businesses with annual revenues of $25 million and higher. CBG helps businesses achieve their unique visions by delivering smart and comprehensive solutions that fuel sustainable growth. With specialized sector expertise, CBG anticipates and tackles the challenges businesses face in industries including agriculture, commercial real estate, manufacturing and religious institutions. CBG offers clients the best of both worlds: the personalized relationships and community ties of a local bank backed by the international capabilities of BNP Paribas, one of the world's strongest financial groups.
About Bank of the West Wealth Management:
Bank of the West Wealth Management provides wealth planning, investment management*, personal banking and trust services. The group is part of BNP Paribas' global wealth management business of more than 6,300 professionals in 30 countries worldwide with over $9.5 billion** in assets under management in the United States and €331 billion ($369 billion) in assets under management globally as of June 2015.
About Bank of the West:
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $69 billion in assets. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 650 offices in 21 states and the internet (bankofthewest.com). Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 180,000 employees.
Ayele Ajavon, Bank of the West
Bank of the West Wealth Management offers products and services through Bank of the West and its various affiliates and subsidiaries.
* Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321), through BancWest Insurance Agency in Utah and through BancWest Investment Services, Inc. in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, HI, GUAM and CNMI. Advisory Services are offered through BancWest Investment Services, an SEC-registered investment advisor. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors. BancWest Investment Services is a wholly owned subsidiary of Bank of the West and a part of the Wealth Management Group. BancWest Corporation is the holding company for Bank of the West. BancWest Corporation is a wholly owned subsidiary of BNP Paribas.
** Including assets under supervision at BancWest Investment Services
Investment and Insurance Products:
- NOT FDIC INSURED
- NOT BANK GUARANTEED
- MAY LOSE VALUE
- NOT A DEPOSIT
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY