Falcon Private Bank is the winner of the prestigious Global Private Banking Award 2011 for “Most Improved Leadership Team in Global Private Banking”.
Heiner Weber, Head of Geneva Branch, picked up the prize during the award ceremony which took place in Geneva on October, 27. The Global Private Banking Awards are presented by the renowned Financial Times publications “The Banker” and “Professional Wealth Management”.
The awards focus on the alignment of interests of the private banks, their relationship managers and their clients. Private Banks are judged on their ability to to deliver trusted advice to customers, design efficient asset allocation strategies and offer bespoke portfolio solutions to meet investors’ needs.
The “Most Improved Leadership Team in Global Private Banking” category is unique in that it is entirely quantitative, using data gathered and analyzed by Scorpio. The relevant key performance indicators are, amongst others, assets under management, net new money and cost-income ratios. To measure the performance increase, the actual data was compared with the one of the previous year.
“We are very honored to receive this important award”, says Eduardo Leemann, CEO of Falcon Private Bank, “it is a great tribute to all of our employees and strengthens our commitment to constantly improve our performance and fine private banking services.”