Awards for excellence - Regional awards - Asia
Citigroup continues to set the pace in Asia, taking the best bank award for the second year running. Domestic banks continue to struggle. Chris Cockerill
Best Debt House:
Citigroup / Salomon Smith Barney
Best Equity House:
Best M&A House:
Best Transaction Services:
Best Risk Management and Treasury:
Citigroup takes the award for best bank in Asia for the second consecutive year. Since taking the award last year no bank has been able to keep pace with its rapid development across the region.
Across all markets, with the exception of Hong Kong, it is the leading retail and commercial foreign bank. When Salomon Smith Barney was added to the equation, bringing with it its investment banking expertise, its product range and distribution went from strength to strength. While many of the domestic banks still struggle with internal problems and market consolidation, Citigroup kept rolling out new products becoming further embedded in the markets.