Australia

Best bank – National Australia Bank
Best equity house – UBS
Best debt house – Barclays Capital
Best M&A house – Deutsche Bank

Australia’s housing boom has lasted longer than expected, boosting banks’ results. But many analysts are still critical of the banks’ overall performance. It is, as one points out, difficult to find one without a blemish. ANZ had problems with credit cards, Westpac’s acquisition of BT has caused concerns, and Commonwealth Bank of Australia has allowed its market share to drift.