Awards for Excellence 2007: Best Emerging Markets Investment Bank
The bank’s acquisitions and partnerships in important emerging markets have enabled it to undertake sophisticated, large-scale deals.
Also shortlisted in this category:
In China, the bank spent $210 million for a 20% stake in Beijing Securities, although it has the option to increase its share. Irrespective of whether or not it does, the bank has management control. The transaction is one of only two agreements between a foreign investment bank and a domestic securities firm that the Chinese government has approved (the other being a deal between Goldman Sachs and Gao Hua).