Euromoney names Merrill Lynch Wealth Management as 'Best Private Bank in India'

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afaqs! news bureau
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Mumbai, March 12, 2012

Merrill Lynch Wealth Management, one of the leading wealth management firms has been named as the 'Best Private Bank' in Euromoney's Private Banking and Wealth Management Poll – 2012.

Merrill Lynch has also been ranked No 1 in various other categories including 'Equity Portfolio Management', 'Inheritance and Succession planning', 'specialised services – Inherited Wealth and Business', 'Bespoke wealth planning' and 'Relationship Management'.

The awards are based on qualitative and quantitative scores formed from a weighed combination of survey responses and peer nominations.

Mr. Atul Singh, Managing Director & Head Global Wealth & Investment Management, India, said: “The award reflects our in-depth understanding, expertise and ability to engage and service the entrepreneurship-driven individuals, super-rich HNIs across various regions in a economically-challenging environment. The acknowledgement and the trust reposed in us has come at a crucial time when global economy and markets are volatile and uncertain.”

Merrill Lynch Wealth Management has also been named 'Best Private Bank in India' four times in a row from 2005 – 2008. They have also been Best Private Bank in India 2010 – High Net worth Segment ($ 10–30 million) and Best Private Foreign Bank in India 2011.

For further information, please contact:

Ketchum Sampark

Lalit Pandey

Mobile: +91 -9818806924

E-mail: lalit.pandey@ketchumsampark.com

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