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Global Finance Names the World’s Best Investment Banks 2014
New York, February 25, 2014 - Global Finance magazine has named the World’s Best Investment Banks by country, region and sector in an exclusive survey to be published in the Aprill 2014 issue.
Bank of America Merrill Lynch was honored as the best investment bank in the world for 2014.
The past year saw investment banks restructuring and streamlining to focus on core competencies. Restructuring was—and continues to be—an essential step in both dealing with complex new regulatory regimes, under Basel III, Dodd-Frank and EMIR, and increasing return on equity.
“Those banks that excel in this market have focused on controlling costs, managing regulatory developments—and employing technology to further both of these goals,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance .
Global Finance editors, with input from industry experts, used a series of criteria—including market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation—to select the winners. Deals announced or completed in 2013 were considered.
AWARDS CEREMONY - An Awards Ceremony for all winners will be conducted the morning of October 11, 2014, at The National Press Club in Washington DC.
GLOBAL WINNERS
Best Investment Bank
Bank of America Merrill Lynch
Best in Emerging Markets
Morgan Stanley
Best in Frontier Markets
Standard Bank
Best Equity Bank
Goldman Sachs
Best Debt Bank
Deutsche Bank
Best M&A Bank
Goldman Sachs
Best Up-and-Comer
Vetiva Capital Management
Most Creative
Rabee Securities
DEALS OF THE YEAR
Best Equity Deal
Japan Tobacco’s $10 billion share sale
Bookrunners
Daiwa Securities
Goldman Sachs
Mizuho
J. P. Morgan
Best Debt Deal
Verizon Communications’ $49 billion bond issue in September 2013
Lead Managers
Barclays
Bank of America Merrill Lynch
J. P. Morgan
Morgan Stanley
Best M&A Deal
Verizon Communications’ acquisition of a 45% stake in Verizon Wireless