Best Investment Bank: BofA Securities

While the main story of the 2022 Latin America awards is the emergence of BTG Pactual as a retail force, the bank’s senior management team, headed by chief executive Roberto Sallouti, clearly hasn’t let the investment banking team take its eye off the ball.

Best Bank: BTG Pactual

Best Bank: Lloyds Banking Group

It was a knife-edge decision between Citi, stronger in top-end cash management, and HSBC, stronger in trade, this year. Last year, we decided trade was the theme to reward in a Covid-blighted year; this year we looked at progress in payments, where Citi had an excellent year.

Best Bank: uab

Always a strong player in small and medium-sized enterprise banking, DBS enjoyed a stellar year driven by digital investments, careful credit management and great progress in India.

While it has been a leader for many years in European debt and loan financing, BNP Paribas has in recent years built out its secondary markets businesses. It now includes a full service offering in equities as well as fixed income currencies and commodities (FICC) across research, secondary markets, prime services, derivatives and capital markets.

Best Investment Bank: CIMB

Best Bank: CaixaBank

CaixaBank has its roots in corporate responsibility. It was founded in 1904 with the aim of fostering savings, retirement planning and disability insurance for the working class. The bank provides an interesting blueprint for CSR today through two institutions: the La Caixa Foundation and MicroBank, its specialist microlender.

Best Bank: DBS Bank

Best Investment Bank: Barclays

The wealth management award is in some measure a decision about a model as much as a bank. For the last few years, we have tended to reward the big Swiss houses, UBS and Credit Suisse, who have scale, history and the advantages of being part of a larger bank. In other years, we might consider the Swiss pure-play model, the ultra-high net-worth-only model, the mass-affluent approach.

Best Bank: BNP Paribas Fortis

Something has been building at JPMorgan. For years, a common question in the industry has been: why isn’t the bank, for all its global strength, doing better in Asia? It has always been close to the top in Asian investment banking but rarely troubles Goldman Sachs and Morgan Stanley at the very highest table.

Best Bank: Techcombank

Best Bank: Baiduri Bank

Best Bank: Afghanistan International Bank

Best Investment Bank: BNP Paribas

Best Bank: UOB

The bank has achieved growth by extending its traditional private banking services to the mass affluent segment in Brazil.

The French bank has been busy with landmark deals and financial innovation.

The French bank has long had global scale in fixed income, now it has the same ambitions for its equity franchise too.

In a year in which businesses were emerging from the coronavirus pandemic with a strong demand for capital to finance expansion in real estate, manufacturing equipment and distribution facilities, Bank of America was able to offer unmatched support.

From energy transition to Libor transition, the French bank is the go-to firm for many corporate clients in a time of flux. This is the result of longstanding relationships and new investment in core sectors of the franchise.

Bank of America is thriving. In its home market, it has led the way in retail banking with a distinctive preferred rewards programme that offers retail customers preferential rates across a full range of products from credit cards to mortgages.

The bank is successfully exporting its SME expertise and advanced financial technology across Asia.

July/August 2022

July/August 2022