SSI Securities is among the largest securities houses in Vietnam, but the team doesn’t take its position for granted. Rather, it constantly finds way to stay relevant and offer value to its clients at a time of intense competition in the country’s securities industry.

A strategic revamp within Kiatnakin Phatra Securities about two years ago is benefitting the investment bank, giving it prime position on deal flow and making it Euromoney’s winner of Thailand’s best securities house award for 2024.

Bualuang Securities, a subsidiary of Thai major Bangkok Bank, had a solid equity capital markets business during Euromoney’s review period, leading the bookrunning league table via five deals for credits of $326.9 million, giving it a 17.16% share of the market, according to Dealogic.

China International Capital Corporation (CICC) continues to remain a dominant force in China’s investment banking and brokerage market, helping clients access both the debt and equity capital markets and remaining the favoured adviser for M&A deals.

In a bid to find a niche for itself in Vietnam’s competitive securities industry, Techcom Securities has, since 2013, homed in on developing the country’s corporate bond market – a feat that makes it Euromoney’s best securities house for fixed income this year.

ÜNLÜ & Co has been making substantial strides in Turkey’s financial advisory and capital markets space, showcasing its expertise in high-impact transactions.

Within just about a year since its establishment, Royal Group Securities, led by CEO Chan Thoeun Seng, has made a name for itself in Cambodia’s fixed income market.

Axis Capital’s investment banking franchise is second to none in India. It’s not only comprehensive – with offerings spanning ECM, DCM, M&A, private equity, loan syndication and structured finance – but also of high quality, catering to India Inc’s corporate financing needs effectively.

QNB Financial Services (QNBFS) impressed on multiple fronts over the past year, making it Euromoney’s best securities house for Qatar in 2024.

In the past year, OCBC Securities has made big headways on leveraging technology and digitalization to transform clients’ financial experience, becoming the natural choice for this Euromoney award.

AXIA Ventures Group impressed with its work on some of Greece’s most complex equity capital markets transactions over the review period.

Maybank Investment Bank’s research business is a formidable force in Malaysia, whether it is research tailored for retail clients or for institutional clients.

Al Ahly Pharos is a leading provider of investment research in the Egyptian financial landscape, thanks to its extensive market coverage, in-depth sector analysis, prolific research output, rapid analytical capabilities and active investor engagement.

Topline Securities, led by CEO Mohammed Sohail, added numerous feathers to its cap in the past year.

CaixaBI’s ESG commitment was front and centre in Portugal over the past year, with the ‘Best for ESG’ award winner spearheading 10 new ESG debt issues in 2023, including six green and four sustainability-linked bonds,.

SB Capital may not have the same branch network and balance sheet strength as some of its bigger peers in the Philippines, but its resourcefulness and creativity to do more with less means it still manages to grab leading roles on big ticket deals, as well as important but smaller deals – often with an ESG angle.

SBM Capital Markets (SBM) takes the top award for Mauritius for its strong growth and its ability to innovate, which cemented its position in an increasingly competitive brokerage landscape in the country.

Chapel Hill Denham is named Nigeria’s best securities house this year, thanks to its stellar performance across securities trading and investment banking.

As the investment banking subsidiary of the Philippines’ largest bank, BDO Unibank, BDO Capital has plenty of clout in the country. Add to that its longstanding deal-making strengths – across equities, bonds and advisory – and its ties with clients only become stronger.

FAB takes the Euromoney award for best securities house in the UAE for its prowess across asset classes, and its commitment to environmental, social and governance deals.

Itaú BBA takes the top Euromoney award for Brazil for its dominance across the bond, M&A and equity capital markets, and its versatility in deals.

Digital banks often struggle with soaring customer acquisition costs in saturated markets. Hong Kong’s ZA Bank, which announced its first monthly profit last week, can offer valuable lessons for firms navigating similar challenges.

Not long ago, Miami was known as a place middle-class Americans went to retire. Today, it is a burgeoning financial hub full of high net-worth families, private equity firms and hedge funds – and it is busy pulling in capital and private wealth at a record rate.

Former credit trader Shikha Gupta discovers that a verbal contract isn’t worth the paper it is written on.

Its acquisition of the Belgian private bank and asset manager offers Indosuez a chance to bulk up fast in key European markets. Its chief executive Jacques Prost sits down… erm, stands up with Euromoney to discuss the firm’s future.

It is turning out to be an equities year for the big investment banks, as fixed income revenues fall or stall and fees from dealmaking recover slowly.

Direct lending may have benefitted from the resurgence in US private equity buy outs in the first half of the year, but there may still be a return to syndicated markets.

Bullish US companies are looking beyond historically high interest rates and tight lending standards when it comes to commercial lending.

While incumbent Italian banks have seen profits surge thanks to higher rates, the shrinking size and profitability of the non-performing loan market has hit illimity hard. Unperturbed, founder and chief executive Corrado Passera believes the original premise for an SME-focused neobank is more valid than ever.

Nearshoring has become a topic that is discussed so often – and applied to so many issues – that it seems to be everywhere, and nowhere at once. Euromoney talks to banks operating in the Mexican market to find specific examples of new business being generated by nearshoring.