Search results for

In less than 10 years, Ally Financial has transformed itself from an auto finance company into the fastest growing digital financial services provider in the US. Over the year, it made further strides on that journey and wins Euromoney’s award for best digital bank in North America.

European banks announced numerous investment pledges in digital banking over the last year. The best banks see technology not as a threat but as an opportunity to grow. They are partnering with and investing in fintech disrupters.

Years of cutting costs, simplifying structures, settling litigation and plugging holes in its coverage have brought one bank to the position where it is now firing on all cylinders across pretty much all of its US business portfolio. ‘Responsible growth’ is the guiding mantra for Bank of America chairman and CEO Brian Moynihan, and his success in putting those words into practice is why his firm is Euromoney’s best bank in the US. Moynihan might not be the flashiest of bank chiefs, but he knows his bank and he knows what clients in its home market want from it. His focus on building up the firm’s core middle-market franchise has borne fruit – not just in increased business loans but also on coverage more broadly. He drove the creation of deeper regional structures within the US, led by ‘market presidents’ who take personal responsibility for coordinating the bank’s activities across the country.

From challenging views on diversity in advertising to increasing productivity through homeworking initiatives, Lloyds is changing the way the corporations and society tackle D&I.

Last year’s winner of best for markets in Africa – Standard Bank – was unable to hold off competition from Standard Chartered this year. With its 56 people-strong Africa sales team and trading team of 28 – making it the largest on the ground – Standard Chartered was difficult to beat.

It might not have the same level of market presence across North America as some of its international competitors, but HSBC’s push forward in the region over the last 12 months has secured it Euromoney’s award for North America’s best bank for transaction services.

Angola’s economy continues to suffer from low oil prices, a poorly functioning system of government and the influence of the state on the private sector.

A seventh year of record earnings in the fiscal period 2016 – and a first half of 2017 that promises another blockbuster year – saw TD Bank prove yet again that it is the franchise to beat in Canada. The firm’s unrivalled breadth and depth secure it Euromoney’s best bank in Canada award for another year.

Euromoney names HSBC as the World’s Best Bank and Morgan Stanley as the World’s Best Investment Bank; UniCredit’s chief executive Jean Pierre Mustier wins Banker of the Year award.

The bank has demonstrated exceptional on-the-ground commitment and understanding of its clients across all regions.

Africa has been a difficult market to contend with over the last year, for both local and international banks operating across the continent. But with a widespread local and correspondent banking presence, Citi has taken this year’s award for Africa’s best bank in transaction services.

For almost 50 years, Euromoney has been the leading publication for covering the growth of international finance. Over the past 12 months its coverage has included interviews with close to 100 bank CEOs, ministers of finance and central bank governors around the world.