|BEST BANK: BPH
BEST DEBT HOUSE: JPMorgan
BEST EQUITY HOUSE: HSBC
BEST M&A HOUSE: Citigroup
On the debt markets, sovereign business still provides banks with the bulk of their activities in Poland. JPMorgan wins the best debt house award for its participation in two of the sovereign’s largest issues of the 12-month period. One was a dual tranche global benchmark $1 billion 10-year and $100 million 30-year issue in October; the other was a euro benchmark in January following the change in government just one month earlier.
HSBC wins the best equity house award, having arranged the IPO for oil and gas concern PGNiG, bringing to an end years of procrastination over the company’s future.