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Such was the demand for tables at the event that one investment banker even suggested creating a secondary market for them. Who said innovation in finance was dead?
Mike Corbat, CEO of Citi, was on hand to collect the best global bank trophy. Colm Kelleher, president of institutional securities, picked up Morgan Stanley’s best global investment bank award. Within a few days, both banks had beaten analysts’ expectations and their peers with excellent second-quarter financial results.
John Hourican, named banker of the year for his remarkable role in turning round once-stricken Bank of Cyprus, reminded the room that they should be proud of the role banks can play in helping revive and drive their countries’ economies.
Guests were entertained by William Hague, the former foreign secretary of the United Kingdom, who bemoaned the absence of an award for worst finance minister of the year for Greece’s recently departed Yanis Varoufakis.
And he expressed his incredulity at the notes witnessed on paperwork written by Varoufakis’ replacement, Euclid Tsakalotos, during the endless rounds of Troika meetings.
“Who’d have thought that when your banks are closed and the country is about to go bankrupt, your key message would be ‘no triumphalism’?” asked Hague.
Many thanks to all who attended, and congratulations to all of Euromoney’s winners this year.
Global Awards for Excellence
Banker of the year
Under the leadership of James Gorman, Morgan Stanley has carved out a unique position in global banking. It remains a great investment bank. Its much-maligned FICC division now looks fit for purpose. And its US wealth management arm gives the firm new stability and strength. Most important of all, the disparate parts of a once-divided business are delivering the benefits of the whole firm. And the markets are starting to realize the potential of a new Morgan Stanley as well.
|Africa||Western Europe and Nordics|
|Latin America||Central America and Caribbean|
|Middle East||Central & Eastern Europe and Baltics|
|Asia awards photos||Middle East awards photos|
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