| Citibank: the one true pan-Asian bank | ||||||
Best bank: Citigroup
Best equities house: UBS Warburg
Best debt house: Citigroup/Salomon Smith Barney
Best M&A house: Merrill Lynch
Best at risk management and treasury: HSBC
Best in cash management: Citibank
Best in custody: Citibank
Citigroup wins the region’s best bank award for the third successive year. It is the one true pan-Asian bank with operations in 14 markets across the region. While other banks struggled in the tough operating environment, Citibank had its best ever year in some markets.
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