Global Best cash management house: Citigroup

The new Awards for Excellence are live – View the winners nowEuromoney Awards for Excellence 2006

Global Best Bank I Global Best Investment Bank I Global Best M&A house I Global Best investment-grade debt house I Global Best leveraged finance house I Global Best ABS house I Global Best project finance house I Global: Best equity house I Global Best equity-linked house I Global Best structured product house I Global Best risk management house I Global Best commodities house I Global Best credit derivatives house I Global Best CDO house I Global Best foreign exchange house I Global Best cash management house I Global Best investor services house I Global Best private bank I Global Best private equity house I Global Best hedge fund manager

When Citigroup won last year’s cash management award there was a feeling that its main rivals in the business – HSBC, JPMorgan and Deutsche Bank – were catching up. That trend has accelerated.

HSBC has expanded its global business and won this year’s award for best cash management house in North America, beating Citigroup at home.