Euromoney Awards for excellence 2006
Denmark I Estonia I Finland I Iceland I Latvia I Lithuania I Norway I Sweden
BEST NORDIC BANK: Danske Bank
BEST BALTIC BANK: Hansabank
BEST DEBT HOUSE: Deutsche Bank
BEST EQUITY HOUSE: Carnegie
BEST M&A HOUSE: JPMorgan
BEST BALTIC INVESTMENT BANK: Suprema Securities
BEST CASH MANAGEMENT HOUSE: SEB |
In a period in which most of the region’s leading banks have enjoyed strong earnings growth and profitability, there is an easy methodology to selecting the best Nordic bank in 2006 and a slightly more controversial one.
The easy approach is to run with the house that has the most diversified franchise across the region – Nordea. And 2005 was another excellent year for Nordea, the best results in the bank’s history. Stripping out the effect of a one-off real estate gain of €300 million, operating profit increased by 25% to just north of €3 billion, while return on equity rose...
