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HSBC was named Best bank in Asia and Goldman Sachs won the Best investment bank in Asia prize at Euromoney’s Asia Awards for Excellence Dinner at the Island Shangri-La in Hong Kong.
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ANZ wins best bank in Australia as it grew assets at a healthy lick during the awards period and posted an impressive return on equity. ANZ is also the most valuable banking brand in Australia, according to a recent survey. Last year, it posted a fourth straight year of record annual profit, this time with an 11% rise year-on-year to $6.3 billion.
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In 1999 this magazine described the fight for best bank in Asia as a battle royal between HSBC and Citi.
