PLAY THE EUROMONEY INVESTMENT BANKING CHAMPIONS LEAGUE NOW
Investment banking is not just a matter of life or death — it’s more important than that. Now help your CEO hit his targets by playing our online football game. Cumulative scores for each bank will be published so it’s up to you to help your bank get to the top of the league tables. And don’t let the sniping comments from rival bank CEOs put you off while you’re trying to find the back of the net. Happy shooting from Euromoney!
The Champions League of investment banking:
US firms maintain their dominance of the global investment banking industry, according to a new table put together by Euromoney. But which CEOs have provided the best value to shareholders? Clive Horwood, Alex Chambers and Jethro Wookey report.
Is the banking boom sustainable?
Investment banks continued to ride high in 2006 on good fundamentals and the added boost of strong hedge fund and private equity activity, proprietary trading and continuing globalization. Alex Chambers assesses whether they can sustain the good times in 2007.
Which banks CEOs deliver the best returns for shareholders?
Any football supporter will tell you that the team is usually only as good as the person who runs it. The same applies to investment banking. The CEO sets the agenda for the entire firm. It is a highly pressurized role that will culminate in their removal if the team they manage fails to perform. And the performance that ultimately matters for bank CEOs is to deliver returns to shareholders.
How we calculated the Investment banking Champions League table
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ABN Amro:
PSV Eindhoven
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Champions League position 2006: 15th
If ABN were a Champions League team it would be: PSV Eindhoven. Terrific domestic record and brought through some great talent, but struggles to compete internationally in today’s high-spending markets
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Barclays Capital:
Arsenal
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Champions League position 2006: 8th
If Barclays Capital were a Champions League team it would be: Arsenal (with apologies to Chelsea fan Bob). Highly respected, long-serving foreign coach has transformed a traditional, previously staid UK institution, with a host of overseas playing talent
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Bear Stearns:
Benfica
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Champions League position 2006: 13th
If Bear Stearns were a Champions League team it would be: Benfica. A name that commands respect among the competition but no great fear of it breaking into the upper echelons of the game
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BNP Paribas:
Valencia
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Champions League position 2006: 12th
If BNP Paribas were a Champions League team it would be: Valencia. Occasionally you think they could go all the way – but not quite the talent and spending power to match the superpowers of the game
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Citigroup:
AC Milan
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Champions League position 2006: 4th=
If Citigroup were a Champions League team it would be: AC Milan. One of the undoubted giants of the game, but has not dominated the past decade as its competitors feared, and its major supporters expected
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Credit Suisse:
Celtic
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Champions League position 2006: 6th
If Credit Suisse were a Champions League team it would be: Celtic. Once a dominating force in the game that everyone feared, helped by a domestic game where they only had one real challenger. Now trying to prove they are not a spent force – and having some success doing it
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Deutsche Bank:
Chelsea
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Champions League position 2006: 9th
If Deutsche were a Champions League team it would be: Chelsea. Fervent supporters believe Anshu Jain is a ‘special one’. The talent at his disposal leads many to believe Deutsche can make it all the way. Sceptics remember the days before Deutsche was a leading contender, and believe high-risk tactics could bring them back down to earth
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Goldman Sachs:
Barcelona
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Champions League position 2006: 1st
If Goldman were a Champions League team it would be: Barcelona. The champions, and the team that everyone else would love to play for. Then again, once you’re at the top of the league, there’s only one way you can go…
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HSBC:
Inter Milan
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Champions League position 2006: 10th
If HSBC were a Champions League team it would be: Inter Milan. Spent many years and huge amounts trying to win the championship, but talent never gels and results often disappointing
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JPMorgan:
Manchester United
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Champions League position 2006: 3rd
If JPMorgan were a Champions League team it would be: Manchester United. Intimidating manager looks as if he is starting to restore the firm to some of its former glories. But JPMorgan has promised much more than it has delivered in recent years
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Lehman Brothers:
Porto
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Champions League position 2006: 11th
If Lehman were a Champions League team it would be: Porto. By no means the largest club but on their day can beat anybody – in fact, led by an inspirational coach, they recently took the title
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Merrill Lynch: Liverpool
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Champions League position 2006: 7th
If Merrill were a Champions League team it would be: Liverpool. Tough new coach quickly got results and restored a great club to some of its former glory. But recent tinkering could lead to disaffection among playing staff, and not yet the superpower of old
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Morgan Stanley:
Real Madrid
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Champions League position 2006: 2nd
If Morgan Stanley were a Champions League team it would be: Real Madrid. Has re-hired a coach who delivered glories in the past, but squad has undergone a great deal of upheaval in attempt to get back to the summit of the game
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RBS:
Roma
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Champions League position 2006: 16th
If RBS were a Champions League team it would be: Roma. Always compete on the domestic front but about time they made a real impact on the international stage
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Societe Generale:
Lyon
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Champions League position 2006: 15th
If SG were a Champions League team it would be: Lyon. Société Générale is admired by many competitors, and has a position of domestic strength; the challenge now is to make this count in the toughest competition of all, without losing the principles that are its traditional strength
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UBS: Bayern Munich
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Champions League position 2006: 4th=
If UBS were a Champions League team it would be: Bayern Munich. The wealth management business drives a machine that always makes UBS a force to be reckoned with. But where is the flair to excite the neutral supporter?
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