UK

Best bank – Royal Bank of Scotland
Best debt house – Barclays Capital
Best equity house – UBS
Best M&A house – UBS
Best local partner – Rothschild

There is little contest for the prize of best bank in the UK. Royal Bank of Scotland takes this award. With the acquisition of NatWest now over three years old, RBS is resolutely the market leader in corporate banking, with number one positions in SME business, lending, deposits, payments systems, foreign exchange and asset finance.