The Best Bank award recognises the bank that stood out both on the investment banking and on the commercial banking fronts.
Citi had a remarkably good year in investment banking, much to the irritation of blue chip pure investment bank rivals who would rather not see a universal bank as competition. It was in the running for the Best MA House, an active participant in the debt market and showing up on a number of significant equity deals. It owned the India market, which while competitors snipe isn’t lucrative, is still home to several significant global champion companies. Citi’s mantra is...