Banking
On The Right Path
ON THE RIGHT PATH By Gordon Platt For the Gulf Cooperation Council (GCC), there have been setbacks on the road to a common currency, which now appears unlikely to be introduced anytime in the next five years, ...
Banking
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The World’s Best Sub-Custodians
ANNUAL SURVEY: THE WORLD'S BEST SUB-CUSTODIANS Sub-Custodians Feeling The Heat Global investing in turbulent times puts the spotlight on local safekeepers. By Gordon Platt As they seek to reassure investors that their assets in foreign ...
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Awards: Best Investment Banks
ANNUAL SURVEY: BEST INVESTMENT BANKS Earnings from investment banking helped major financial institutions return to profitability, but the rules are changing. By Gordon Platt Major banks reported hefty gains in first-quarter 2010 profits, with a powerful assist ...
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Awards: Islamic Financial Institutions
ISLAMIC FINANCIAL INSTITUTIONS AWARDS 2010 Islamic financial institutions were not immune to the turmoil of the past two years, but their strict ethical code helped them prosper in many areas where others foundered. By Laurence Neville The ...
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Best Investment Banks 2010: Best Legal Advisers
BEST LEGAL ADVISERS Global Skadden Skadden, or more formally Skadden, Arps, Slate, Meagher & Flom, was the number-one legal adviser on global mergers and acquisitions announced in 2009, according to Thomson Reuters. The firm advised on 173 M&A; deals ...
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Best Investment Banks 2010: Country Winners
COUNTRY WINNERS North America Canada Scotia Capital Scotia Capital, the wholesale banking arm of Scotiabank, had a record year in 2009 for its equity platform. The bank participated in 211 equity deals, valued at $8.5 billion. In September 2009 ...
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Best Investment Banks 2010: Deals of the Year
DEALS OF THE YEAR Equity Deal Lloyds Banking Group's $22.5 billion rights issue Lead underwriters: Bank of America Merrill Lynch, UBS Investment Bank, Citi, Goldman Sachs, HSBC and J.P. Morgan Cazenove In November 2009 UK-based Lloyds Banking Group's record ...
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Best Investment Banks 2010: Global Winners
GLOBAL WINNERS Investment Bank J.P. Morgan J.P. Morgan is the best current example of a success story on Wall Street. With its fortress balance sheet and careful management of risk, the bank grew and remained profitable throughout the financial ...
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Best Investment Banks 2010: Regional Winners
REGIONAL WINNERS North America Investment Bank J.P. Morgan J.P. Morgan reported net revenue from investment banking of $8.3 billion in the first quarter of 2010. The bank not only led in debt and equity underwriting worldwide, as well as ...
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Best Investment Banks 2010: Sector Winners
SECTOR WINNERS Consumer Lazard Lazard was financial adviser on some of the biggest deals of 2009, including Kraft Foods' takeover of Cadbury, the British chocolate maker. This deal stands as a tribute to Bruce Wasserstein, the veteran dealmaker and ...
Banking
Market Forces
FOCUS: ISLAMIC FINANCE IN ASIA A centralized approach to Islamic finance is helping Asia develop an industry that may challenge the Middle East as the global hub. By Anita Hawser The Middle East is often thought of ...
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Best Emerging Market Banks 2010
BEST EMERGING MARKET BANKS 2010 In our 17th annual survey of top banking performers in emerging markets, we select winners in 101 countries and five regions. By Gordon Platt Emerging market banks have sailed through the global financial crisis ...