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  • Morgan Stanley’s journey to the very top of US investment banking has been built on a fairly simple principle: to give the best advice and execution to its clients. There will be few firms that do not claim to have a similar ambition, but the difference at Morgan Stanley, under president Colm Kelleher, is just how much of the business is set up and run with precisely these objectives in mind.
  • Mexico may now be the world’s 15th largest economy, but approximately 38 million Mexican adults are still unbanked – roughly the size of the population of Canada. Education and job creation have been a focus of the Mexican government; one bank in the country stands out for its efforts to help that progress by providing financing solutions, Citibanamex, which wins the award for Latin America’s best bank for sustainable finance.
  • Citi may not have won best investment bank in Africa this year, but the financing capabilities it displayed over the last 12 months deserve recognition. The bank showed strength in loans, debt capital markets and equity capital markets.
  • Big and clever, that is what you needed to be to be a leader in the financing business in the last 12 months, and no one achieved that combination better in the region than Bank of America Merrill Lynch, North America’s best bank for financing.
  • A mature economy and limited room for domestic growth tends to push Canada’s biggest firms into foreign forays. And fortunately for RBC Capital Markets, they often choose to do that supported by Canada’s best investment bank.
  • The award for Africa’s best digital bank is, happily, an increasingly competitive one, as banks invest a lot of money and energy in innovative products for clients who have ever-greater access to mobile and internet technology, and an ever-decreasing willingness to travel to a bank branch.
  • As treasurers see changes across the digital and regulatory landscape, they are also grappling with the arrival of new legislation. So having a strong footprint in multiple markets can be invaluable for a bank when clients are coming for advice. Those who are customers with HSBC, North America’s best bank for transaction services, are seeing the advantages.
  • BAC International Bank introduced a new brand for its network across central America, but in all other aspects it was business as usual.
  • In sustainable finance, it is often the case that what is not financed shows a bank’s commitment to sustainability just as much as what is financed. BNP Paribas is committed to both sides of this coin and it wins the award this year for western Europe’s best bank for sustainable finance.
  • In a world of rapid change, especially technological advances, one bank has not just simply adapted, it has thrived.
  • Another year, another record. TD Bank clocked up its eighth year of record earnings in fiscal 2017 and has already posted a 20% increase in pre-tax profits for the first half of fiscal 2018, indicating that it is on track for yet another triumph as it continues to build across its whole franchise. It is once again Euromoney’s pick for Canada’s best bank.