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| © 2018 Euromoney |
Press release:
Euromoney names the world’s best banks in its 2018 Awards for Excellence
Bank of America and Citi win top prizes; Credit Suisse’s Tidjane Thiam is named Banker of the Year; Asian banks make their mark in global awards.
![\"B-of-A-Team-illo-160x186.\"](\"https://cdn.euromoney.psdops.com/ad/50/4e148a1c778c2302a70648798112/b-of-a-team-illo-160x186.jpg\")
\n \n \n “,”_id”:”00000174-1cab-dea9-adfe-3eeb4b150000″,”_type”:”768912bf-03ee-3078-96b6-769d4525e494″},”_id”:”00000174-1cab-dea9-adfe-3eeb4b150001″,”_type”:”c5b60bfe-fc18-3e1d-bd70-75608e803f66″}”>Bank of America sets the standard for the new era of banking
The B of A-Team – Brian Moynihan’s plan comes together
Having stabilized the bank after the financial crisis, Bank of America’s management conceived a simple plan for its future: maintain a diverse set of businesses but deal with less risky customers; provide them with fewer, simpler products; automate for efficiency; and then grow by doing more for these customers.
![\"ghostbusters_citi-afe-160x186\"](\"https://cdn.euromoney.psdops.com/04/07/dd6fd16bec766b986c6672895b9b/ghostbusters-citi-afe-160x186.jpg\")
\n \n \n “,”_id”:”00000174-1cab-dea9-adfe-3eeb4b170000″,”_type”:”768912bf-03ee-3078-96b6-769d4525e494″},”_id”:”00000174-1cab-dea9-adfe-3eeb4b170001″,”_type”:”c5b60bfe-fc18-3e1d-bd70-75608e803f66″}”>The firm is a genuine contender in investment banking in every region of the world.
Who you gonna call? How Citi became clients’ go-to global investment bank
The old charges against Citi’s wholesale banking division no longer apply.
![\"Tidjane-Thiam-chess-160x186\"](\"https://cdn.euromoney.psdops.com/5f/62/1caed8592a85bdaa568363346587/tidjane-thiam-chess-160x186.jpg\")
\n \n \n “,”_id”:”00000174-1cab-dea9-adfe-3eeb4b190000″,”_type”:”768912bf-03ee-3078-96b6-769d4525e494″},”_id”:”00000174-1cab-dea9-adfe-3eeb4b190001″,”_type”:”c5b60bfe-fc18-3e1d-bd70-75608e803f66″}”>Tidjane Thiam’s radical three-year plan, which has reinvented Credit Suisse with wealth management at its core, is starting to pay off.
The master strategist: How Tidjane Thiam brought a revolution to Credit Suisse
It took an outsider to turn around Credit Suisse, to force executives and shareholders to accept that they had been following a false dream of a trading-dominated business that could somehow avoid blow-ups and produce acceptable returns.
