Best bank - Bank Austria/HVB
Best debt house - Citigroup
Best equity house - ING Barings
Best at custody - Bank Austria, HVB
Best M&A house - CSFB
Best at risk management and treasury - Deutsche Bank
Best at cash management - Deutsche Bank
In some ways, this has been a great year for banking
in emerging Europe. At Euromoney's central and eastern Europe
conference in Vienna in February 2003, for example, there was
a clear sense of optimism among the delegates that was in
marked contrast to the gloom of bankers from other regions.
CEE was a rare source of positive stories, such as the big
Russian mergers and the accession of convergence countries to
the EU.
In other ways, however, it has still been a tough year. Most of
the big banks fighting to dominate the region, including KBC,
UniCredito Italiano, Citigroup and RZB, have been hurt by low
economic growth in Poland, the biggest...
