China’s bid to join the currencies in the IMF’s SDR basket is more than a footnote of interest only to economists. Policymakers should take note.

Investors ignore valuation at their peril – a period of lacklustre returns looms. The Fed’s move on interest rates is key.

Renminbi internationalization a big opportunity; commodities counterbalance bank retreat.

EC aims for low-hanging fruit; ABS being pushed ‘too far, too quickly’.

Commodity price drop will drive NPLs; difficulties could help local capital markets.

Second tier set to cash in on APRA move; Suncorp already making waves.

German utility taps institutional funds for gas inventory; more deals in oil, metals and carbon trading.

Up to $120 billion moved in-house in three years; not relying on outside firms for alpha.

Global funds pile into Romania; Hungary, Slovenia next hot spots.

US banks and issuers dominate global DCM to an extent not seen since early 2008.

BBVA is leading the drive for banks to change their business models.

Faltering Brazil a big drag on bank income; Mexico offers cause for optimism.

Government seeks private investors; buyers ‘not fully aware’ of the risks.

Regional awards • Country awards • Press release • View full 2015 results

Remarkable client focus and pioneering product development have helped Bank of America Merrill Lynch to retain its award.

In 15 years, Jiang Jianqing has taken ICBC from technical bankruptcy to the world’s most profitable bank.

Barclays was intrinsically involved in the big events and deals of an extraordinary year for debt markets.

Algomi, the non-bank, is driving innovation in the bond market, being both a disrupter and the enabler for banks.

ICBC’s sheer scale in its domestic markets makes it a competitor to fear. But the Chinese bank’s management, strategy and intelligent approach to overseas expansion mark it out as a global bank of the future.

The bank excelled in all the key areas of primary market issuance across the emerging markets

Regional awards • Country awards • Press release • View full 2015 results

Morgan Stanley’s investment bank is on a roll, helped rather than hindered by the addition of a leading wealth management franchise. It is now a unique proposition, and the markets and clients are taking notice.

From the depths of a government bailout, Lloyds Banking Group has been transformed into a leaner, more focused, less risky and highly profitable business – and a clear national champion.

Regional awards • Country awards • Press release • View full 2015 results

Regional awards • Country awards • Press release • View full 2015 results

John Hourican, the Bank of Cyprus chief executive, will move on this summer after restoring the bank to health – the latest, and toughest, of his repair jobs.

Regional awards • Country awards • Press release • View full 2015 results

Under the leadership of James Gorman, Morgan Stanley has carved out a unique position in global banking. It remains a great investment bank. Its much-maligned FICC division now looks fit for purpose. And its US wealth management arm gives the firm new stability and strength. Most important of all, the disparate parts of a once-divided business are delivering the benefits of the whole firm. And the markets are starting to realize the potential of a new Morgan Stanley as well.

Citi remains the most consistent leader in emerging markets investment banking.

Euromoney’s Awards for Excellence cover more than 20 global product categories, best-in-class awards in all regions and the best banks in close to 100 countries around the world. The full results are available here and are accessible by subscribers.