Regional Awards for Excellence 2013: Asia

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Regional Awards for Excellence 2013: Asia

Best Bank: Citi
Best Investment Bank: Citi
Best Debt House: HSBC
Best Equity House: Goldman Sachs
Best M&A House: Goldman Sachs
Best Flow House: Deutsche Bank
Best Project Finance House: HSBC
Best Cash Management House: HSBC
Best Risk Adviser: HSBC

Awards for Excellence 2013









Best Bank

Euromoney’s best bank in Asia for 2013 is Citi, retaining the title it won last year and adding the award for the best investment bank.

It is a double achievement that just five years ago would have been unthinkable, when the bank’s very survival was hanging in the balance and its Asian business, particularly in investment banking, lay in tatters.

Stephen Bird and Farhan Faruqui, Citi. Strong momentum across Asia businesses
Stephen Bird and Farhan Faruqui, Citi. Strong momentum across Asia businesses
Stephen Bird, the bank’s Asia chief executive, understates the transformation. "The momentum has been very good," he says.

He points out that Citi’s progress in Asia, particularly in banking the region’s emerging global champions, contains a little bit of history repeating. "We’ve already brought the likes of 3M, Dow Chemical, GM and BMW to Asia. But now we have to bank the likes of Tata, Reliance, Samsung, Hyundai and Lenovo.

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