| Headline: Regional awards - Middle East Source: Euromoney Date: July 2001 Author: Julian Marshall Best bank: Gulf International Bank Best debt house: Morgan Stanley Best equity house: UBS Warburg Best M&A house: Salomon Smith Barney Best at transaction services: Citigroup Best at risk management and treasury: Citigroup This year Gulf International Bank reclaims the best bank award from its closest rival, National Bank of Kuwait. Again these two contested closely but GIB takes the award.
These include investment banking, where it is adding to its product range following its acquisition of Saudi International Bank two years ago. GIB has also been developing its project finance franchise. GIB’s earnings in 2000 regained momentum, following an 18% decline in 1999 related to merger costs. This is one area where it cannot afford to rest on its laurels. | ||||||||||||||||||||||||||||||||||||||||||