U.S. Trust has been named Best Private Bank – Client Service at the annual Private Asset Management 1 Awards. U.S. Trust was selected by an independent panel of industry experts, based on key criteria and performance indicators, including financial progress, growth, client satisfaction and product innovation.
“We take great pride in being recognized for what U.S. Trust is most committed to: service to our clients and their families,” said Keith Banks, president of U.S. Trust. “That commitment, coupled with exceptional wealth management expertise and solutions, has resulted in strong momentum for our business in terms of client relationships, asset flows and our ability to attract and retain the best talent in the industry.”
1 Private Asset Management (PAM) Awards, 2013 were announced on Tuesday, February 12, 2013. U.S. Trust won Best Private Banking – Client Service. ( http://pammagazine.com/?q=event/73648/pam-awards-2013)
U.S. TrustU.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. U.S. Trust employs more than 4,000 professionals and maintains 140 offices in 32 states. As part of Bank of America, U.S. Trust can provide access to a broad range of banking solutions for individuals and businesses, and an extensive retail banking platform. Bank of AmericaBank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 55 million consumer and small business relationships with approximately 5,500 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.