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  • Results index It is time to acknowledge a home-grown banking champion that, while still lacking the pan-Asian scope of some international rivals, has demonstrated consistent excellence and a commitment to innovation. At a time when many western banks are in retreat from Asia, it is right to applaud one that is increasing market penetration almost everywhere it attempts to do business.
  • The implementation of Mifid II has been postponed to allow additional time for improving data quality. Meeting this standard, though, is requiring a substantial amount of work.
  • Corporate clients continue to pay insufficient attention to the factors FX hedge metrics need to be based on.
  • Sex discrimination is still rife in the City, but new gender pay reporting rules threaten to expose the gender pay gap at investment banks and compel them to bring real equality to the trading floor.
  • Start-ups fear a funding stop and loss of access to the single market, but are already making back-up plans that could point the way for their peers in the more established parts of UK finance.
  • Global awards press release
  • Banco de Credito del Peru is named as the best bank in the region; Citi retains investment banking award.
  • The key to getting a clients’ attention, and their business, is being good on all aspects of a particular product, rather than vainly attempting to achieve excellence in all products.
  • Results index As the number of wealthy individuals in Africa increases, one bank is there to help them whether their needs are domestic, across the continent, or international – Standard Bank, this year’s best bank for wealth management. It operates in 20 countries within Africa; the private bank serves clients that earn more than R1 million a year, while its wealth management division services clients with potential investable assets of $1 million or more.
  • Results index Investment bankers in Latin America would love to have discovered some momentum over the last year, but economic activity slowed – almost to a stop in some parts of the region. Deal volumes and the banks’ fee income naturally suffered. Profitability was always challenging in a region notable for thin fees and capable and aggressive local banks, and this awards period saw some international banks break. Deutsche’s high-profile withdrawal followed others’ more stealthy exits.
  • ESG
    Results index TEB wins this year’s inaugural award for best bank for corporate social responsibility in CEE for its role in promoting financial literacy and inclusion in Turkey.
  • By trying to be different, a lot of the world’s biggest transaction services houses are starting to look remarkably similar.