For Fifth Consecutive Year, Fifth Third Private Bank Recognized as Best Private Bank

Rhea-AI Summary

Fifth Third Private Bank, a division of Fifth Third Bank, National Association (FITB), was named for the fifth consecutive year as a Best Private Bank (US, Regional) and Best Private Bank for Entrepreneurs (Globally) by Global Finance for the 2024 World’s Best Private Bank Awards. The awards demonstrate the bank's commitment to clients and its consultative approach to providing customized wealth strategies. Ratings were based on performance from July 1, 2022, through June 30, 2023.

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Private Bank, a division of Fifth Third Bank, National Association, was named for the fifth consecutive year as a Best Private Bank (US, Regional). In addition, the Private Bank was named Best Private Bank for Entrepreneurs (Globally) for the first year. The honors were announced by Global Finance for the 2024 World’s Best Private Bank Awards.

For the fifth consecutive year, Fifth Third Private Bank has been recognized as Best Private Bank by Global Finance for the 2024 World’s Best Private Bank Awards. (Graphic: Business Wire)

“These accolades are a trusted standard of excellence in the global wealth community, and they demonstrate our steadfast commitment to clients,” said Kristine Garrett, group regional president and head, wealth and asset management, Fifth Third Bank. “Regardless of the environment or economic cycle, our clients can rely on us to bring insight and customized wealth strategies. We invest time to grow deep, meaningful relationships as part of our ongoing, consultative approach.”

Global Finance’s editorial board selected the winners for the Private Bank Awards with input from executives and industry insiders. The editors also use information from entries submitted by banks, in addition to independent research, to evaluate a series of objective and subjective factors. This year’s ratings were based on performance during the period covering July 1, 2022 through June 30, 2023.

Global Finance was founded in 1987. Its Private Bank Awards honor banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth. The winners are not always the biggest institutions, but rather the best—those with qualities that individuals rate highly when choosing a provider.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240109860225/en/

Adrienne Gutbier (Media Relations)

adrienne.gutbier@53.com | 513-534-8038

Matt Curoe (Investor Relations)

Matt.Curoe@53.com | 513-534-2345

Source: Fifth Third Bank

FAQ

What awards did Fifth Third Private Bank receive?

Fifth Third Private Bank received awards for Best Private Bank (US, Regional) and Best Private Bank for Entrepreneurs (Globally) by Global Finance for the 2024 World’s Best Private Bank Awards.

Who announced the honors for the Private Bank Awards?

Global Finance announced the honors for the Private Bank Awards.

On what basis were the ratings for the awards determined?

The ratings for the awards were based on the bank's performance from July 1, 2022, through June 30, 2023.

What is the consultative approach mentioned in the press release?

The consultative approach refers to the bank's commitment to providing customized wealth strategies and growing meaningful relationships with clients.