Bank of the West Awarded World Finance Magazine’s 2016 Best Commercial Bank and Private Bank in the Western United States
SAN FRANCISCO, CA | Sep 20, 2016
Bank of the West's Commercial Banking Group and Wealth Management Group were named Best Commercial Bank – U.S. West and 2016 Best Private Bank – U.S. West, respectively by World Finance Magazine. These recognitions were the result of nominations by World Finance Magazine readers followed by a review by the 2016 panel of judges. Since 2007, World Finance has been celebrating achievement, innovation, and brilliance in their annual awards.
Bank of the West's Commercial Banking Group, the recipient of Best Commercial Bank – U.S. West for the third 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 – U.S. West recognizes the bank for its ability to meet the challenges of delivering a superior integrated client-centric, highly responsive and personalized service by bankers with access to the global resources of BNP Paribas. The judging panel confirmed that, "Bank of the West was recognized for its far-reaching achievements in the commercial banking sector in the region, particularly with respect to the bank's strong commercial inclusion, and innovation in products and services.”
"We are honored that World Finance Magazine has recognized our dedication to assisting our clients as they navigate an increasingly complex business landscape,” said Jean Marc Torre, senior executive vice president and head of Bank of the West's Commercial Banking Group. "We are committed to adapting our solutions to meet the wide-ranging needs of our clients, deepening our sector expertise to better anticipate their challenges, and providing solutions that help them be agile and efficient both here at home and globally."/p>
Bank of the West's Wealth Management Group won Best Private Bank in the Western U.S. award for its strong, proactive, and holistic view of their client's private banking needs and objectives. The bank's strong client-centric relationship management approach and wealth management solutions help support the win. When asked, the judging panel indicated that, "The Bank of the West Private Banking suite of products and solution's delivers a sector-leading private banking experience in the region.”
"Receiving this recognition for the fourth year in a row is a testament to our teams' dedication to our clients, our wealth management offering, and the impact of our brand,” said Pierre Ramadier, senior executive vice president and head of Bank of the West's Wealth Management Group. "Our relationship-driven approach and deep expertise coupled with international resources and capabilities, delivers a stand out experience for clients."/p>
Winners of the 2016 World Finance Awards were announced publicly in the July/August 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, philanthropy, and trust and fiduciary services. The group is part of BNP Paribas' global wealth management business of more than 6,600 professionals present in three hubs in Europe, Asia and the US with more than $10.9 billion** in assets under management in the United States and €331 billion ($367 billion) in assets under management globally as of June 30, 2016.
Ayele Ajavon, Bank of the West:
*Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC, and SEC Registered Investment Adviser. 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. BancWest Investment Services is a wholly owned subsidiary of Bank of the West. Bank of the West is a wholly owned subsidiary of BNP Paribas. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors.
**Assets under management refers to assets under administration, management, advisement, and on deposit, including assets with our affiliate BancWest Investment Services ("BancWest") as of June 30, 2016.
Investment and Insurance Products:
- NOT FDIC INSURED
- NOT BANK GUARANTEED
- MAY LOSE VALUE
- NOT A DEPOSIT
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY