July 2001
Awards for Excellence 2001 - A new global bulge bracket
A small number of international banks now regularly compete for Euromoney's global awards. The margin between these same leading firms in any category is narrow. The pecking order shows minor adjustments this year, with universal banks Citigroup, JPMorgan and Deutsche doing well, while Goldman Sachs still hangs in. Simon Brady, Jonathan Brown, Chris Cockerill, Antony Currie, Anja Helk, Peter Lee, Julian Marshall, Jennifer Morris and Felix Salmon report
Awards for excellence - The world’s best bank
Latin America
The large foreign-owned banks now dominate in Latin America. Citigroup sees off BSCH's challenge for best bank, while JPMorgan picks up two awards. Felix Salmon
Asia
Citigroup continues to set the pace in Asia, taking the best bank award for the second year running. Domestic banks continue to struggle. Chris Cockerill
Emerging Europe
Bank Austria's extensive network helps it to the top regional award while Citigroup demonstrates its strength in a number of categories. Anja Helk
Middle East
In a closely-fought contest, Gulf International Bank wrests back its crown as best bank in the Middle East. Morgan Stanley is top in a growing debt market. Julian Marshall
Central Asia
Domestic banks are the clear winners in central Asia's limited market. Jennifer Morris
Africa
Africa remains high-risk, though profits are attainable. Citibank's presence and product depth gain it the best bank award, though HSBC also deserves praise. Simon Brady
South Africa
Europe
Deutsche Bank reigns supreme among European banks, winning four regional awards, including best bank. Local players still fare well in their own backyards. Peter Lee
Nordic/Baltic region
Svenska Handelsbanken leads the way as the domestic banks come storming back in the Nordic and Baltic regions. ABN AMRO dominates in debt. Jonathan Brown
North America
Size proves crucially important in a tough year for North America. Wells Fargo wins best bank in the USA, but Morgan Stanley emerges empty-handed. Antony Currie
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