New York, July 7, 2008 – Global Finance announces its selection of the World’s Best Investment Banks 2008 to be published in its September 2008 issue. Country winners were selected in 23 countries.
IIndustry sector winners were chosen in ten categories. Best legal advisers were named globally and in six regions. Goldman Sachs was chosen as the Best Investment Bank globally.
Global Finance editors, with input from industry experts, used a series of criteria to arrive at their selections. These included market share, number and size of deals, customer service and advice,structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, and after-market performance of underwritings. Deals announced or completed in the last three quarters of 2007 or the first half of 2008 were considered. Winners will be honored in an awards ceremony in Washington, D.C. in October.
“The last 12 months have been some of the most difficult ever for investment bankers,” said Global Finance publisher Joseph D. Giarraputo. “But many institutions made heroic efforts to continue to provide the best possible services to their clients, and we salute them.”
| GLOBAL | |
| Best Investment Bank | Goldman Sachs |
| Best Equity Bank | Merrill Lynch |
| Best Debt Bank | Citi |
| Best M&A; Bank | Goldman Sachs |
| Best Up-and-Comer | Falcom Financial Services |
| Most Creative | Citi |
| PRIVATE EQUITY | |
| Global | GS Capital Partners |
| North America | TPG |
| Western Europe | CVC Capital Partners |
|
SECTORS |
|
| Consumer | JPMorgan |
| Financial Institutions | Morgan Stanley |
| Health Care | Goldman Sachs |
| Industrial/Chemicals | Citi |
| Media & Entertainment | Morgan Stanley |
| Oil & Gas | Merrill Lynch |
| Power | Merrill Lynch |
| Real Estate | Credit Suisse |
| Technology | Goldman Sachs |
| Telecom | Merrill Lynch |
| LEGAL ADVISERS | |
| Global | Sullivan & Cromwell |
| North America |
Skadden, Arps,
Slate, Meagher & Flom |
| Western Europe | Freshfields Bruckhaus Deringer |
| Asia | Morrison & Foerster |
| Central & Eastern Europe | White & Case |
| Latin America | Simpsom Thacher & Bartlett |
| Middle East/Africa | Baker & McKenzie |
| NORTH AMERICA | |
| Best Investment Bank | Goldman Sachs |
| Best Equity Bank | Merrill Lynch |
| Best Debt Bank | Merrill Lynch |
| Best M&A; Bank |
Goldman
Sachs |
| Country Awards | |
| Canada | BMO Capital Markets |
| US | Merrill Lynch |
| WESTERN EUROPE | |
| Best Investment Bank | Deutsche Bank |
| Best Equity Bank | JPMorgan |
| Best Debt Bank | Deutsche Bank |
| Best M&A; Bank | Deutsche Bank |
| Country Awards | |
| France | BNP Paribas |
| Germany | Deutsche Bank |
| Italy | Mediobanca |
| Netherlands | Rabobank |
| Nordic Countries | Handelsbanken Capital Markets |
| Portugal | Millennium bcp |
| Spain | Santander |
| Switzerland | UBS |
| United Kingdom | JPMorgan Cazenove |
| ASIA | |
| Best Investment Bank | Citi |
| Best Equity Bank | UBS |
| Best Debt Bank | Citi |
| Best M&A; Bank | UBS |
| Country Awards | |
| Australia | Macquarie Bank |
| China/Hong Kong | China International Capital |
| India | ICICI Securities |
| Indonesia | Mandiri Sekuritas |
| Japan | Nomura |
| South Korea | Samsung Securities |
| Taiwan | Chinatrust |
| LATIN AMERICA | |
| Best Investment Bank | Citi |
| Best Equity Bank | Credit Suisse |
| Best Debt Bank | Citi |
| Best M&A; Bank | Citi |
| Country Awards | |
| Argentina | Merrill Lynch |
| Brazil | Banco Itaú |
| Mexico | Banamex |
| CENTRAL & EASTERN EUROPE | |
| Best Investment Bank | UniCredit |
| Best Equity Bank | Deutsche Bank |
| Best Debt Bank | UniCredit |
| Best M&A; Bank | Morgan Stanley |
| Country Awards | |
| Russia | Renaissance Capital |
| Turkey | Garanti Securities |
| MIDDLE EAST/AFRICA | |
| Best Investment Bank | Samba Financial Group |
| Best Equity Bank | Samba Financial Group |
| Best Debt Bank | DeutscheBank |
| Best M&A; Bank | Citi |
DEALS OF THE YEAR
Best Equity Deal – PetroChina IPO
Lead Underwriters: China International Capital, China Citic Securities, UBS Securities
Best Debt Deal - $9 billion GlaxoSmithKline bonds
Joint Bookrunners: Citi, JPMorgan, Lehman Brothers
Best M&A; Deal - Sabic-GE Plastics
Advising acquirer: Citi Advising target: Goldman Sachs, Lehman Brothers