Latin America
Best bank: Citigroup Best debt underwriter: Morgan Stanley Dean Witter Best M&A firm: Merrill Lynch Best securities firm: Santander Investment
It’s been a dull year for commercial banks across the region but an exciting time for cross-border activity. These two trends are not unrelated. As economies stumble and domestic banks feel the backwash, long-term investors in Latin America see it as an opportune moment to strike a deal.
Merrill Lynch, which wins the award for best M&A firm in Latin America, has advised on a number of the most interesting deals including the acquisition by Spanish oil company Repsol of the remaining 85.01%
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