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  • The eighth biggest bank in the US is on a roll. It has absorbed multiple acquisitions aimed at rebalancing its franchise, broken into corporate banking and wealth management, continued its digital development but at the same time espoused a philosophy that does not consider the branch to be dead. And it has done all this without losing sight of its corporate responsibility goals. Euromoney’s choice this year as the US’s best bank is BB&T.
  • It is hard to imagine another bank coming close to Bank of America Merrill Lynch for the sheer breadth of what it can offer to small and medium-sized enterprises. A lot of that is to do with a philosophy that looks beyond the size of the client to the value of nurturing a sound business and to be best-positioned to support it as it grows.
  • Ken Jacobs’ firm is applying quantitative tools to the art of advisory.
  • Lloyds Banking Group’s ‘Helping Britain prosper’ plan, launched four years ago, has put corporate responsibility at the top of the UK bank’s priorities. It was a bold initiative, addressing Britain’s housing needs, helping people plan for the future, helping businesses to start up and grow, championing diversity, supporting clean energy and tackling social disadvantage. It earns Lloyds the award for western Europe’s best bank for corporate responsibility.
  • In western Europe, one bank stands out for its expertise in meeting the needs of high net-worth and ultra-high net-worth individuals – Credit Suisse, western Europe’s best bank for wealth management. Credit Suisse’s private banking revenues in western Europe recorded double digit growth in 2017 and it has enjoyed nine consecutive quarters of positive net new assets across all countries in the region.
  • Global growth provided the backdrop for a strong year for Citi’s financing businesses, while the return of volatility has showcased the value of its great reach
  • Central and eastern Europe has found itself at the cutting edge of technology development, and Citi has shown itself to be an innovator in supporting its clients during this exciting time. For that reason, it is the region’s best bank for transaction services.
  • Complete access for clients at any time and on any device has been Standard Bank’s focus in recent years; its commitment to this level of service has paid off. Its earnings were up 4.4% for wealth management and investments last year, and assets under management in discretionary portfolios increased by 6% to R82.5 billion ($6 billion). It once again wins the award for Africa’s best bank for wealth management.
  • The firm has consistently demonstrated its commitment to work alongside communities and support their growth.
  • On the back of the worst drought in living memory, the City of Cape Town issued South Africa’s first true green bond last year. It turned to one bank to be the lead arranger – Rand Merchant Bank (RMB). The city was able to raise R1 billion ($73 million) from eight allocated bidders, having received bids of almost R5 billion from 31 different bidders. The proceeds will be put to use financing green projects such as emergency water supply initiatives.
  • The award for the region’s best digital bank goes to Brazil’s Banco Inter. The bank conducted its $200 million IPO just after the April 1 deadline and continues to lead an exciting industry with great potential. But it was Inter’s ability to attract financing and provide a positive data point for the local exchange’s fintech sector that makes it stand out.
  • Bank of America sets the standard for the new era of banking.