Best emerging markets investment bank:
Citi
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Also shortlisted: Bank of America Merrill Lynch Deutsche Bank Goldman Sachs |
| View more 2014 awards |
ECM fee compression, modest M&A volumes in the second half of last year and the fact that DCM – the only asset class where the share of wallet has outpaced 2007-era levels – remains a low margin business, have all added to the earnings challenge for investment banks in EM.
Against this backdrop, Citi remains the undisputed emerging market investment banking champion with a strong advisory and origination business across the world, backed by its status as a market leading trader with a diverse global corporate banking presence.
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