Top Private Banks by Assets Under Management

The world's largest private banking institutions ranked by total assets under management

Rank Bank Country Assets Under Management Minimum Investment Global Reach Specialization
#1 Credit Suisse Private Banking Switzerland $800 Billion CHF 1,000,000 50+ Countries Investment Banking Integration
#2 Pictet & Cie Switzerland $650 Billion CHF 5,000,000 30+ Countries Family-Owned Excellence
#3 Morgan Stanley Private Bank United States $600 Billion $5,000,000 40+ Countries Investment Management
#4 Wells Fargo Private Bank United States $550 Billion $1,000,000 35+ Countries Comprehensive Banking
#5 Julius Baer Switzerland $480 Billion CHF 1,000,000 25+ Countries Pure-Play Private Banking
#6 Bank of America Private Bank United States $450 Billion $3,000,000 35+ Countries Integrated Solutions
#7 BNP Paribas Wealth Management France $400 Billion EUR 1,500,000 30+ Countries European Leadership
#8 Citi Private Bank United States $350 Billion $25,000,000 90+ Countries Ultra-High-Net-Worth
#9 Lombard Odier Switzerland $320 Billion CHF 2,000,000 25+ Countries Sustainable Investing
#10 Goldman Sachs Private Wealth United States $300 Billion $10,000,000 30+ Countries Alternative Investments

Swiss Private Banks

Traditional private banking powerhouses from Switzerland

Credit Suisse Private Banking

Global Elite
Founded: 1856
Minimum: CHF 1,000,000
AUM: $800 Billion
Locations: 50+ Countries
Focus: Investment Banking Integration

Pictet & Cie

Global Elite
Founded: 1805
Minimum: CHF 5,000,000
AUM: $650 Billion
Locations: 30+ Countries
Focus: Family-Owned Excellence

Julius Baer

Global Major
Founded: 1890
Minimum: CHF 1,000,000
AUM: $480 Billion
Locations: 25+ Countries
Focus: Pure-Play Private Banking

Lombard Odier

Global Major
Founded: 1796
Minimum: CHF 2,000,000
AUM: $320 Billion
Locations: 25+ Countries
Focus: Sustainable Investing

UBS Private Banking

Global Elite
Founded: 1862
Minimum: CHF 2,000,000
AUM: $2.4 Trillion
Locations: 50+ Countries
Focus: Global Wealth Management

US Private Banks

American private banking leaders with global reach

Morgan Stanley Private Bank

Global Major
Founded: 1935
Minimum: $5,000,000
AUM: $600 Billion
Locations: 40+ Countries
Focus: Investment Management

Wells Fargo Private Bank

Global Major
Founded: 1852
Minimum: $1,000,000
AUM: $550 Billion
Locations: 35+ Countries
Focus: Comprehensive Banking

Bank of America Private Bank

Global Major
Founded: 1904
Minimum: $3,000,000
AUM: $450 Billion
Locations: 35+ Countries
Focus: Integrated Solutions

Citi Private Bank

Global Elite
Founded: 1968
Minimum: $25,000,000
AUM: $350 Billion
Locations: 90+ Countries
Focus: Ultra-High-Net-Worth

Goldman Sachs Private Wealth

Global Elite
Founded: 1869
Minimum: $10,000,000
AUM: $300 Billion
Locations: 30+ Countries
Focus: Alternative Investments

Northern Trust

Global Major
Founded: 1889
Minimum: $5,000,000
AUM: $230 Billion
Locations: 20+ Countries
Focus: Family Office Services

J.P. Morgan Private Bank

Global Elite
Founded: 1799
Minimum: $10,000,000
AUM: $3.2 Trillion
Locations: 100+ Countries
Focus: Investment Banking Synergy

Complete Global Directory

All major private banks organized by tier and specialization

Bank Name Country Est. Tier Minimum AUM Reach Specialization
Bank of America Private Bank United States 1904 Global Major $3,000,000 $450 Billion 35+ Countries Integrated Solutions
Barclays Private Banking United Kingdom 1896 Regional Major £1,000,000 $65 Billion 15+ Countries UK and International
BNP Paribas Wealth Management France 1848 Global Major EUR 1,500,000 $400 Billion 30+ Countries European Leadership
Citi Private Bank United States 1968 Global Elite $25,000,000 $350 Billion 90+ Countries Ultra-High-Net-Worth
Commonwealth Bank Private Banking Australia 1911 Regional Major AUD 5,000,000 $120 Billion 12+ Countries Australian Market
Credit Suisse Private Banking Switzerland 1856 Global Elite CHF 1,000,000 $800 Billion 50+ Countries Investment Banking Integration
DBS Private Banking Singapore 1968 Regional Major SGD 3,000,000 $180 Billion 18+ Countries Asian Markets
Goldman Sachs Private Wealth United States 1869 Global Elite $10,000,000 $300 Billion 30+ Countries Alternative Investments
HSBC Private Banking United Kingdom 1865 Global Major $5,000,000 $240 Billion 40+ Countries Asia-Pacific Gateway
J.P. Morgan Private Bank United States 1799 Global Elite $10,000,000 $3.2 Trillion 100+ Countries Investment Banking Synergy
Julius Baer Switzerland 1890 Global Major CHF 1,000,000 $480 Billion 25+ Countries Pure-Play Private Banking
Lombard Odier Switzerland 1796 Global Major CHF 2,000,000 $320 Billion 25+ Countries Sustainable Investing
Morgan Stanley Private Bank United States 1935 Global Major $5,000,000 $600 Billion 40+ Countries Investment Management
Northern Trust United States 1889 Global Major $5,000,000 $230 Billion 20+ Countries Family Office Services
OCBC Private Banking Singapore 1932 Regional Major SGD 2,000,000 $85 Billion 15+ Countries Southeast Asia
Pictet & Cie Switzerland 1805 Global Elite CHF 5,000,000 $650 Billion 30+ Countries Family-Owned Excellence
Santander Private Banking Spain 1857 Regional Major EUR 3,000,000 $95 Billion 25+ Countries Latin America
Societe Generale Private Banking France 1864 Regional Major EUR 1,000,000 $120 Billion 20+ Countries European Focus
Standard Chartered Private Bank United Kingdom 1969 Regional Major $2,000,000 $75 Billion 25+ Countries Asia, Africa, Middle East
UBS Private Banking Switzerland 1862 Global Elite CHF 2,000,000 $2.4 Trillion 50+ Countries Global Wealth Management
UOB Private Banking Singapore 1935 Regional Major SGD 2,500,000 $65 Billion 19+ Countries Regional Network
Wells Fargo Private Bank United States 1852 Global Major $1,000,000 $550 Billion 35+ Countries Comprehensive Banking

Private Bank List FAQ

Get expert answers about private banks worldwide, including rankings, requirements, and selection criteria.

Market Overview

There are over 300 major private banks worldwide, including 50+ global institutions with international presence, 100+ regional players with multi-country operations, and 150+ local specialists. The largest 25 private banks manage approximately $15 trillion of the world's $27 trillion private wealth market.

Rankings

The largest private banks by AUM are J.P. Morgan Private Bank ($3.2T), UBS Private Banking ($2.4T), Credit Suisse Private Banking ($800B), Pictet & Cie ($650B), Morgan Stanley Private Bank ($600B), and Wells Fargo Private Bank ($550B). These six institutions manage over $8 trillion in private wealth.

Bank Types

Global private banks operate in 30+ countries with $500B+ AUM, offering international investment access and cross-border services. Regional private banks focus on specific geographic areas with $50-500B AUM, providing local expertise and cultural understanding. Local private banks serve domestic markets with deep local knowledge and regulatory expertise.

Access Requirements

Private banks with lower minimums include Wells Fargo Private Bank ($1M), Credit Suisse ($1M), Julius Baer ($1M), Societe Generale (EUR 1M), OCBC Private Banking (SGD 2M), and UOB Private Banking (SGD 2.5M). However, service quality and attention often correlate with higher minimums.

Selection Process

Choose based on minimum investment alignment, geographic expertise matching your needs, service specialization (family office, alternatives, etc.), cultural fit, fee competitiveness, regulatory reputation, and relationship manager quality. Consider interviewing 3-4 banks before deciding.

International Services

Top international private banks include UBS Private Banking (50+ countries), J.P. Morgan Private Bank (100+ countries), HSBC Private Banking (40+ countries), Credit Suisse (50+ countries), and Citi Private Bank (90+ countries). They offer multi-currency services, cross-border tax planning, and global investment access.

Services

All major private banks offer investment management, wealth planning, estate planning, tax optimization, credit and lending, family office coordination, and concierge services. Differences lie in specialization depth, investment access, geographic coverage, and minimum requirements.

Safety & Regulation

All listed private banks are heavily regulated by authorities like FINMA (Switzerland), SEC/FDIC (USA), FCA (UK), MAS (Singapore). They maintain segregated client assets, insurance coverage, capital adequacy requirements, and undergo regular audits. However, investment losses are not protected.