Best bank:
Gulf International Bank
Best debt house:
Morgan Stanley
Best equity house:
UBS Warburg
Best M&A house:
Salomon Smith Barney
Best at transaction services:
Citigroup
Best at risk management and treasury:
Citigroup
This year Gulf International Bank reclaims the best bank award from its closest rival, National Bank of Kuwait. Again these two contested closely but GIB takes the award.
| Jagdish Rao | ||||||
One leading analyst covering the region points out: “If you’re looking at the dominant regional performer, then GIB comes out ahead of NBK. It is particularly strong in wholesale banking but is improving in other areas as well.
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