World's best investment bank in the emerging markets 2018: Credit Suisse

Following a long period of restructuring, Credit Suisse’s prospects look brighter than ever before in areas where it has long excelled and, in particular, emerging market investment banking. Entrepreneurs in rapidly growing markets lie at the heart of the bank’s vision for its future; a sophisticated investment bank is a crucial part of its relevance to these clients.

The performance of Credit Suisse’s Asian division has underpinned growing investor confidence in its turnaround. Rising revenues in advisory, underwriting and financing – especially M&A and underwriting – contributed to a record first quarter in its Asian Wealth Management & Connected unit, which posted a return on regulatory capital of 36%.

Under group chief executive Tidjane Thiam, the Asian business has enjoyed greater autonomy and the scope to ramp up risk-weighted assets. That has allowed it to build on established operations in southeast Asia, especially in Indonesia, Thailand and Vietnam. The recent sale of Indonesia’s Bank Danamon to MUFG showed Credit Suisse navigating a deal of unusual complexity and sensitivity.