Much of the period under review for these awards was one of booming capital market volumes across all products. The story was recovery from Covid and business as usual. Today, however, that market can only be seen in the rear-view mirror. Good advice is of paramount importance and is the differentiator in tough and unpredictable conditions. That comes from listening and watching, knowing what matters and what doesn’t.
“We talk to corporates all the time,” says Mo Assomull, global head of capital markets at the world’s best bank for financing this year, Morgan Stanley. “The rates environment was prolonged by Covid, but we realized last year that the rates environment would change. The change has been much sharper than anyone anticipated. The reaction had been building for years and is a multi-decade change.”
This is where deep experience comes in.
“The seniority in this group is a critical differentiator,” he tells Euromoney.