23 banks in $100bn club

Produced by UK-based specialist research and information provider PAM (Private Asset Managers), the 2007 Global Wealth Management Rankings rate the power and influence of the world’s leading wealth management institutions. The rankings show Merrill Lynch and UBS are the dominating forces in the global private banking, managing over $1.6trn of assets at the end of 2006. Citigroup completes the trillion dollar club, with $1.44trn of assets. PAM’s data is based on an institution’s private client assets invested, including cash portfolios and/or client money on deposit – excluding assets un...