Local banks are now in foreign hands. Farewell to the domestic bank! Deutsche Bank has transformed itself. Morgan Stanley Dean Witter builds on its successful franchise. BSCH flies the flag for the Spanish.
Ben Beasley-Murray, Simon Brady, Brian Caplen, Chris Cockerill, Antony Currie, Anja Helk, Peter Lee, Julian Marshall, David Shirreff.
Africa Standard Chartered Bank has modernized and developed. Zimbabwe banks are on the rack. Nedcor wins one fight and Deutsche shows its class. Chris Cockerill
Latin America The Spanish banks have emerged as worthy contenders. Banco Galicia can mix it with the best. Lloyds TSB continues to expand in Guatemala. Brian Caplen, Michael Peterson
North America The Americans have learned some painful lessons about mergers. The Canadians have been told they can't merge. Fifth Third Bank is successful where others aren't, and TDM in Canada shows the rest how to acquire and integrate. Antony Currie
Baltic region Hansabank is the region's most successful bank. Foreigners take control. Simon Brady
Asia Citibank and HSBC battle it out to be the best pan-Asian bank.Morgan Stanley Dean Witter succeeds in M&A and HDFC Bank had a great year in India. Kathryn Hanes
Central Asia Turks triumph in the Kyrgyz Republic. Chris Cockerill
Eurozone The major concern remains consolidation. Deutsche Bank advances across the continent. Citigroup marches on. Goldman Sachs pips Morgan Stanley in M&A. Peter Lee
Non-eurozone Europe Royal Bank of Scotland triumphs. Garanti goes consumer. Simon Brady, David Shirreff
Middle East National Bank of Kuwait advances through technology. Samba gets ready for regional expansion. Lebanon's banks continue to struggle. Chris Cockerill
Central & eastern Europe The Austrian powerhouses continue to make considerable investments in the region. Salomon Smith Barney is the most successful M&A house. Simon Brady, David Shirreff
Nordic region MeritaNordbanken leads the pack to become the premier pan-Nordic bank. Alfred Berg overcomes adversity to claim the crown in equity and M&A. Christina White
Pacific Rim Westpac leads in Australia. BTM is the biggest and the best in Japan. And Nomura Securities retains its powerful position. Graham Hands, Kathryn Hanes