“The bank’s ability to deploy its new digital platforms across the region has been a leading source of profitability and efficiency,” the magazine observed.
JPMorgan won the best investment bank for the region, due to combined breadth of the bank’s franchise across the region and the depth of its excellence across the spectrum of investment banking products and services.
“In a highly competitive year, the US bank claims the award because of the unrivalled breadth of its mandates across investment banking products, as well as its dominance in many of the region’s countries,” Euromoney noted.
It was challenged by Goldman Sachs’ impressive growth in the region – the latter took the award for the best bank for financing.
Meanwhile BR Partners, a Brazilian boutique investment bank took the award for best advisory as it continues its impressive growth story, both inside its domestic market and increasingly elsewhere in Latin America.
Meanwhile Scotiabank Chile won a brace of awards this year, with its acquisition and integration of BBVA’s operations in Chile the basis for the award for the best bank transformation in the region, as well as being awarded the best bank in Chile.