Best bank
DBS Bank
Best equities house
Merrill Lynch
Best debt house
Standard Chartered
Bank Best M&A house
CSFB
DBS is Singapore?s banking powerhouse, with the financial muscle and regional ambitions to make it a force to be reckoned with throughout Asia.
DBS remains predominantly a consumer banking organization in Singapore, where it holds the number one position in just about every consumer category. Revenues from consumer banking comprise 34% of group revenues, with 4 million customers and 245 branches in 14 countries.
DBS is also very strong in wholesale banking in Singapore and dominates the local treasury market for Singapore dollars. In addition, DBS has developed a successful franchise for local investment banking, although it has not as yet scaled that successfully overseas. With total assets of $94 billion and shareholders? funds of $8.8 billion, however, DBS has plenty of firepower to fuel its growth overseas.
Merrill Lynch takes the award for best equity house, having raised more capital than any other bank as a result of the huge share placements in SingTel undertaken on behalf of Temasek and KDDI. Merrill Lynch raised $1.56