The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

2010 Awards for excellence: Best Global sovereign advisor

The bank has led the way in finding solutions to beleaguered governments’ problems, providing both advisory services and innovative capital market solutions.

Awards for Excellence 2010
Best Global sovereign advisor: HSBC
Also nominated: Lazard and Rothschild

HSBC decided 18 months ago to pull together various of its advisory, FIG and capital markets bankers into a dedicated team covering sovereigns. HSBC wins the accolade as best sovereign adviser this year for its work on a diverse set of transactions and strategic issues facing governments.

In June 2009, HSBC was appointed sole financial adviser to the Irish National Treasury Management Agency (NTMA) in relation to establishing the National Asset Management Agency (Nama), which was set up to take on banks’ problem assets, including property development loans and land.

Mark Stadler, global co-head of the FIG group at HSBC, recalls: "There was some market scepticism at the outset that this would be a whitewash and that the discounts on transferred assets would favour the banks and borrowers. Our advice was that Nama had to conduct these transfers with a rigour that truly addressed the problem. Much of the Irish banking system had lost control of the credit process and suffered from a loss of capacity in assessing credit and risk.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree