Awards for Excellence 2008: Switzerland

Best bank: Credit Suisse  Best investment bank: UBS

Although neither of Switzerland’s biggest banking groups have covered themselves in glory over the past 12 months, in the domestic market things have been more characteristically stable.

Credit Suisse’s retail and domestic corporate business has been impressively innovative, rolling out tailor-made derivatives to small and medium-sized clients and attracting awards for its new branch designs deemed the second coolest in Europe by the European Financial Management and Marketing Association.