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Lloyds TSB and ING top Tulip HNW survey

Lloyds TSB has the most high and ultra high net worth customer relationships while ING comes top for customer wealth in this sector, according to a Tulip Financial Research survey.
For customer relationships the research found Lloyds TSB has 174,000, followed by Barclays and Natwest, each with 137,000, and HSBC with 132,000.
In terms of liquid wealth of HNW and ultra HNW customers, ING was first with 6.15m, followed by Bank of Scotland with 5.75m and Egg with 5.45m.
The survey found the wealthiest 1 per cent in the UK are multi-banked and many have additional links with other specialist banks.
Tulip Financial Research managing partner John Clemens says: This research shows how banks can market wealth products and services proactively to their wealthy clients. And the success of ING shows that simple products, well promoted and easily accessible, swiftly build a franchise.

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