Top Story
In 1994, Aditya Puri left Citibank to launch a new institution in a rapidly changing India. As he prepares to retire after 26 years, HDFC Bank stands apart as the strongest and most successful private-sector bank in the country.
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Euromoney's Awards for Excellence are the awards that matter to the banks and bankers who matter. They were established in 1992 and were the first of their kind in the global banking industry. -
It was not the only bank that came into the Covid crisis with a strong balance sheet, but, as in 2008, the bank has shown that its diverse businesses provide plentiful earnings to take big reserves, even while it keeps financing large corporates and small businesses alike. Deposits have flooded in, technology investments have proved their worth and it is winning more business from mid-cap clients inside and outside the US – and it coped with the temporary absence of a legendary chief executive.
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The firm didn’t foresee the coronavirus crisis when it decided to pivot its investment bank more explicitly towards clients than ever before. But as so often, its timing could not have been better
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Whether on Covid-19, systemic racial inequality or climate change, Bank of America’s CEO has demonstrated how the financial industry can respond on every front – and why stakeholder capitalism is not only needed but works
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The country is enjoying a record year in equity capital raising, built on rights issues by Reliance Industries and the country’s top banks. Behind the numbers, however, there are signs that the leaders will get stronger, while those behind may struggle.
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Edelweiss has grown over 25 years into an independent and successful diversified financial services group, but it needs capital. Its decision to sell a controlling stake in its wealth management business spotlights the institution and the potential of the sector.
What They Said
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JPMorgan's Daniel Pinto on not losing discipline in the crisis
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Angela Rodell at Alaska Permanent Fund Corp on how SWFs must consider why they were created
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John Waldron at Goldman Sachs on some good timing
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Joseph Poon at DBS Private Bank on fleeing Vietnam in 1976
No golf please, I’m delivering: how the German bank’s new CEO sees himself.
JPMorgan named World’s Best Bank in Euromoney Awards for Excellence 2020; Goldman Sachs is the World’s Best Investment Bank; Brian Moynihan at Bank of America is named Banker of the Year; and HDFC’s Aditya Puri receives recognition for Lifetime Achievement.
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