Bank of the West's Private and Commercial Banking Groups Respectively, Named Best Private Bank in the Western United States and Best Commercial Bank in the United States by World Finance Magazine
San Francisco, CA | Nov 24, 2017
Bank of the West's Wealth Management and Commercial Banking Groups were again named in World Finance Magazine's annual awards, winning Best Private Bank–U.S. West and Best Commercial Bank for 2017. Bank of the West's Wealth Management Group was recognized with this award for the fifth year, while the Commercial Banking Group received this award for the fourth year. Award winners were nominated by the magazine's readers that were then reviewed by a panel of judges.
Over the course of 2017, Bank of the West's Wealth Management Group expanded its support and service of high-net-worth Millennials as this generation prepares for the transfer of wealth in family offices. The Group takes care to address the ever-growing client interest in philanthropic investing and charitable giving options in addition to traditional wealth management products and services.
World Finance Magazine judges recognized Bank of the West's Wealth Management Group as "a reliable, sound, client-centric private banking institution, and indeed financial partner," noting the Group's comprehensive and agile strategy to meet clients' evolving investing objectives.
"We are relentless in our desire to meet our clients' increasing needs, and are proud that our efforts have once again been recognized by World Finance Magazine," said Pierre Ramadier, Head of Wealth Management.
Bank of the West's Commercial Banking Group, the recipient of Best Commercial Bank – U.S., provides a holistic offering of products and services to growing businesses with annual revenues of $25 million and greater. The award recognizes the Bank of the West Commercial Banking Group for its expertise in servicing its business clients through strong local and regional expertise, while leveraging the global resources of parent company BNP Paribas.
"We are pleased to have once again been recognized by World Finance Magazine," said Jean-Marc Torre, Head of Commercial Banking. "Our deep, local sector expertise, along with our global reach, uniquely positions Bank of the West to support businesses here in the United States and globally with BNP Paribas Group."
According to World Finance Magazine, "One of the strengths of the Bank of The West Commercial Banking approach and business model is the agile, and indeed comprehensive, ability to deliver a strong local/regional view, with global insights to its key sectors."
More about the awards and World Finance Magazine can be found at www.worldfinance.com.
About Bank of the West
Bank of the West is a financial services company headquartered in San Francisco with $89.8 billion in assets as of September 30, 2017. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 branches and offices in 23 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, a leading bank in Europe, which has a presence in 74 countries with more than 192,000 employees. To learn more about Bank of the West, visit About Us via BankoftheWest.com.
Deposit and loan products offered by Bank of the West, Member FDIC and Equal Housing Lender. ©2017 Bank of the West. Doing business in South Dakota as Bank of the West California.
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 U.S. with more than $12.9 billion** in assets under management in the United States and €358 billion ($414.7 billion) in assets under management globally as of September 30, 2017.
About Bank of the West's Commercial Banking Group
Bank of the West’s Commercial Banking Group (CBG) meets the rapidly changing needs of growing middle-market businesses and large corporate segments. 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, healthcare, commercial real estate, beverage, government, religious institutions and technology. 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.
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*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 September 30, 2017.
Deposit and loan products offered by Bank of the West, Member FDIC and Equal Housing Lender. In South Dakota, Bank of the West operates under the name Bank of the West California. Bank of the West Wealth Management offers products and services through Bank of the West and its various affiliates and subsidiaries.
Investment and Insurance Products:
- NOT FDIC INSURED
- NOT BANK GUARANTEED
- MAY LOSE VALUE
- NOT A DEPOSIT
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY