Day 4: Awards for Achievement 2008

Today we announce our major House Awards, including Best Bank, Best M&A House and Best Equities House.

When deciding our awards this year, we had to take into consideration the global economic condition û not just AsiaÆs financial health. If the failure of Lehman Brothers has shown us anything, it is that the world indeed is not flat. Lehman BrothersÆ Asia business was a standout this year, but that did not û and could not û save the firm. What happened in New York hurt Hong Kong and Japan. And that holds true across firms.

We felt...

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