U.S. Trust Wins Best Private Bank – Client Service by Private Asset
NEW YORK -- February 21, 2013
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
“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.
U.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
Bank of America
Bank 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.
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U.S. Trust operates through Bank of America, N.A., and other subsidiaries of
Bank of America Corporation.
Bank of America, N.A., Member FDIC.
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Reporters May Contact:
Lauren Sambrotto, Bank of America, 1.646.743.0812
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