deal of the year

In 2007 and 2008 our highest deal accolade went to Asia outbound M&A deals; we look back on what drove our decision-making then and how the choices look now.

Bank of China (Hong Kong)'s Hong Kong listing in 2002 opened the door for China Life Insurance and China Construction Bank to follow suit. The three lenders were awarded our Deal of the Year in 2002, 2003 and 2007.

We unanimously selected ICBC's record-breaking $21.9 billion IPO as the best deal in 2006, but it wasn't all down to size.