Regional awards - Asia

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Regional awards - Asia



Headline: Regional awards - Asia
Source: Euromoney
Date: July 2001
Author: Chris Cockerill

Best Bank:
Citigroup

Best Debt House:
Citigroup / Salomon Smith Barney

Best Equity House:
Merrill Lynch

Best M&A House:
Goldman Sachs

Best Transaction Services:
Citigroup

Best Risk Management and Treasury:
HSBC

       
Stephen Long

Citigroup takes the award for best bank in Asia for the second consecutive year. Since taking the award last year no bank has been able to keep pace with its rapid development across the region.

Across all markets, with the exception of Hong Kong, it is the leading retail and commercial foreign bank. When Salomon Smith Barney was added to the equation, bringing with it its investment banking expertise, its product range and distribution went from strength to strength. While many of the domestic banks still struggle with internal problems and market consolidation, Citigroup kept rolling out new products becoming further embedded in the markets. “We are totally committed to Asia and continue to build our product range,” says Stephen Long, Asia Pacific group head of Citibank global corporate bank.


























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