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Awards for excellence - North American awards

Size proves crucially important in a tough year for North America. Wells Fargo wins best bank in the USA, but Morgan Stanley emerges empty-handed. Antony Currie

Best bank

Not awarded

Best debt house

Citigroup/Salomon Smith Barney

Best equity house

Merrill Lynch

Best M&A/corporate finance house

Goldman Sachs

Best transaction services


Best risk management and treasury



Best bank

Wells Fargo

Best debt house

Citigroup/Salomon Smith Barney

Best equities house

Merrill Lynch

Best M&A house

Goldman Sachs


Best bank

Royal Bank of Canada

Best debt house

Merrill Lynch

Dick Kovacevich

The combination of mergers, the tech wreck and the ensuing severe economic downturn has shaped the fortunes of North America's financial services sector over the past 12 months. And in that environment the more established names have shown their relative strength. For more established, read large. This has not been the year for the niche bank to prosper, in investment banking at least.

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