sections

Friday, 15 December 2017

Top Awards 2016

Bank of the Year: Citigroup

Bank of the Year: Citigroup

IFR Review of the Year 2016

Banking and capital markets certainly didn’t lack drama in 2016 as the industry battled a complex and volatile operating environment, while individual firms pushed forward with strategic recalibrations and strove to improve returns. There may not have been any dazzling epiphanies, but one firm resolutely continued its steady progress and made impressive strides. Citigroup is IFR’s Bank of the Year.

Bond Awards 2016

US Bond House: Goldman Sachs

US Bond House: Goldman Sachs

IFR Review of the Year 2016

In a year of political shocks and whipsawing markets, one bank showed particular leadership. For remaining committed to clients through all the ups and downs, reopening markets after periods of stress and developing creative solutions, Goldman Sachs is IFR’s US Bond House of the Year.

Issuer Awards 2016

Issuer and SSAR Issuer of the Year: Kingdom of Saudi Arabia

Issuer and SSAR Issuer of the Year: Kingdom of Saudi Arabia

IFR Review of the Year 2016 By ,

In the space of a year, Saudi Arabia has established a debt management office, sold a jumbo syndicated loan and issued the biggest publicly syndicated sovereign bond deal in history. The Kingdom of Saudi Arabia is IFR’s Issuer and SSAR Issuer of the Year.

Structured Finance Awards 2016

EMEA Structured Finance House: Morgan Stanley

EMEA Structured Finance House: Morgan Stanley

IFR Review of the Year 2016 By Mariana Ionova

Despite squeezed profits and tougher conditions in European securitisation, Morgan Stanley has emerged as a leader in a slice of the market that holds significant promise for the future, making the bank IFR’s EMEA Structured Finance House of the Year.

Emerging Markets Awards 2016

Emerging EMEA Bond House: JP Morgan

Emerging EMEA Bond House: JP Morgan

IFR Review of the Year 2016

It was the year of the re-emergence of Russian issuance, the Middle East sovereign jumbo and liability management. No bank did more to lead those themes than JP Morgan, which wins IFR’s Emerging EMEA Bond House of the Year.

Derivatives Awards 2016

Credit Derivatives House: JP Morgan

Credit Derivatives House: JP Morgan

IFR Review of the Year 2016

Credit markets whipsawed in 2016, driven by macro events and liquidity constraints, increasing demand for full-service provision. For its dominance of credit derivatives markets, its commitment to matching client risk appetite with investment opportunities and its ability to price and warehouse risk, JP Morgan is IFR’s Credit Derivatives House of the Year.

Equities Awards 2016

EMEA Equity House: Goldman Sachs

EMEA Equity House: Goldman Sachs

IFR Review of the Year 2016

Executing the largest IPOs, reopening markets, entering new markets, building on repeat business and picking the right windows in uncertain times – one bank did it all. For always being in the driver’s seat, Goldman Sachs is IFR’s EMEA Equity House of the Year.

Loans Awards 2016

Americas Loan House: Barclays

Americas Loan House: Barclays

IFR Review of the Year 2016

Barclays started to build its US leveraged franchise in 2006 by hand-picking staff from competitors and a decade later is a powerhouse in leveraged and investment-grade financing. For cementing a leading position among US banking titans, Barclays is IFR’s Americas Loan House of the Year.

Structured Equity Awards 2016

Structured Equity House: Deutsche Bank

Structured Equity House: Deutsche Bank

IFR Review of the Year 2016

Deutsche Bank pushed issuers and investors alike with a mix of structuring nous and pricing perfection. The bank led two award-winning deals thanks to an approach to client solutions unmatched by its rivals. Along the way it also picked up a two-thirds increase in market share. Deutsche Bank is IFR’s Structured Equity House of the Year.

Digital version

IFR+Review+of+the+Year+Cover+2016

The hard copy of the 2016 IFR Review of the Year is sent to all IFR magazine subscribers, but non-subscribers can view a full digital version for free by clicking here.

If you would like to order the 2016 IFR Review of the Year in hard copy, please contact gloria.balbastro@tr.com.

IFR Review of the Year Cover 2016

IFR Review of the Year 2016

IFR Review of the Year 2016

It’s normally fair to say that bankers grumbling about the state of the markets deserve the same sympathy as farmers moaning about the weather. It goes with the territory. And it is up to them to simply get on with it.

All Foreword

2016 IFR Americas Awards

IFR+Americas+Review+of+the+Year+Cover+2016

The IFR Americas Awards seek to recognise outstanding capital markets achievement in the US, Canada and Latin America. These Awards will be presented at a special ceremony, taking place on February 7 2017 at the Thomson Reuters Building, 3 Times Square, New York.

2016 IFR Asia Awards

IFR+Asia+Review+of+the+Year+Cover+2016

The IFR Asia Awards honour achievement in Asia’s capital markets. The Awards will be presented at the 2016 IFR Asia Awards Dinner, taking place on February 21 2017 at the Four Seasons Hotel in Hong Kong.

Defying logic: buying bonds in an era of negative rates

Defying logic: buying bonds in an era of negative rates

IFR Review of the Year 2016 By

Bunds were hardly a screaming buy at the beginning of 2016. Far from it: shorter-dated paper offered investors next to no yield at all; and even at the longer end, a 0.1% coupon on 30-year debt must have seemed like scant compensation for all the risks that might befall the investment during that time.

ECM's Year of Pain

ECM’s year of pain

IFR Review of the Year 2016 By

Few equity capital markets bankers will look back fondly on 2016. For most, the year was a long, uncomfortable ride that saw markets lurch from one extreme to the other – a year of political upheaval in the UK and Brazil, of a collapse in the wider commodity complex, and of ebbing confidence in China’s growth model. Along the way, deal after deal was caught out; almost every team came out the year scarred in one way or another.

Great leaps forward

Great leaps forward

IFR Review of the Year 2016 By

China completed its takeover of the Asian capital markets in 2016 – at least in terms of numbers. Combining debt and equity in all currencies, nine of the region’s top 10 underwriters are Chinese. Where four global banks ranked among the top 10 in 2015, only HSBC – arguably the most Chinese of the global banks – managed that in 2016, ranking ninth on the Thomson Reuters league table.

Banks urged to clean up corporate centre black boxes

Banks urged to clean up corporate centre black boxes

IFR Review of the Year 2016 By

Banks are under pressure to improve the consistency and transparency around their so-called corporate centres due to concerns that the units have become “black boxes” that are used to make other divisions appear better than they are.

Sleepwalking into dysfunctional markets

Sleepwalking into dysfunctional markets

IFR Review of the Year 2016 By

The rise and rise of the passive fund is yet another result of the low interest rate environment. And a worrying one.

Bellwether: A proper bake off

IFR Review of the Year 2016

Here at Bellwether, we are more than used to moving in exalted circles, such is the high esteem in which we are held.

China re-defines the M&A landscape

China re-defines the M&A landscape

IFR Review of the Year 2016 By David Rothnie

Global mergers and acquisitions activity fell in 2016 from the previous year’s record, but there was one pocket of extraordinary growth – the record volume of cross-border acquisitions by Chinese companies across Europe and the US.

Something disruptive this way comes

Something disruptive this way comes

IFR Review of the Year 2016 By

Have you heard the one-liner about banks being badly run technology firms with a sideline in finance? It may be a poor joke but many a true word is spoken in jest.

Regulatory rollback: Phase One

Regulatory rollback: Phase One

IFR Review of the Year 2016 By

Politicians, bank regulators, supervisors and central bankers the world over have spent close to 10 years trying to eradicate the root causes of the 2007–08 global financial crisis. Bank leaders have spent the same period trying to modify and mould the structures and profiles of their institutions to meet the requirements and obligations of what has become a veritable regulatory onslaught.

All Features