While the 99% are experiencing financial challenges, the very wealthy are holding up just fine.
In fact, banks that service and cater to the ultra wealthy are seeing a huge increase in business and assets under management.
The following list ranks the top banks that specialize in offering services to high-net-worth clients.
No.1: HSBC Private Wealth Solutions
YoY Change: +21% (No. 1)
Location: Geneva, Lugano and Zurich
Number of Families: 297
Average amount invested per family: ~$416 million (No. 2)
Source: Bloomberg Markets Magazine
No. 2: Northern Trust Corp.
No. 3: BNY Mellon Wealth Management
Read More: Businessinsider