Awards for Excellence 2007: Best Emerging Markets Investment Bank

Awards for Excellence 

UBS

Also shortlisted in this category: Citi Credit Suisse

UBS is already the world’s leading wealth manager; now it can claim to be the best investment bank, at least in the emerging markets. Last year, the Swiss bank stole a march on its rivals with high-profile moves in Brazil and China. In Brazil, it paid up to $2.6 billion to buy local brokerage house and asset manager Banco Pactual. This could help UBS become the dominant force in Brazilian investment banking, and, in the year since the agreement was announced, it appears to have reaped rich rewards.