Awards for Excellence 2018: World’s best bank, world’s best investment bank, and banker of the year acceptance speech videos
View videos from Euromoney's Awards for Excellence 2018: Brian Moynihan accepts Bank of America’s world’s best bank award; Jamie Forese collects Citi’s world’s best investment bank award; Credit Suisse's Tidjane Thiam is named banker of the year.
Press release: Euromoney names the world’s best banks in its 2018 Awards for Excellence Bank of America and Citi win top prizes; Credit Suisse’s Tidjane Thiam is named Banker of the Year; Asian banks make their mark in global awards.
Bank of America sets the standard for the new era of banking
Having stabilized the bank after the financial crisis, Bank of America’s management conceived a simple plan for its future: maintain a diverse set of businesses but deal with less risky customers; provide them with fewer, simpler products; automate for efficiency; and then grow by doing more for these customers.
The firm is a genuine contender in investment banking in every region of the world.
The old charges against Citi’s wholesale banking division no longer apply.
Tidjane Thiam’s radical three-year plan, which has reinvented Credit Suisse with wealth management at its core, is starting to pay off.
It took an outsider to turn around Credit Suisse, to force executives and shareholders to accept that they had been following a false dream of a trading-dominated business that could somehow avoid blow-ups and produce acceptable returns.