Gareth Gore is an associate editor at IFR, where he writes about global capital markets across asset classes. He has published pieces ranging from the fallout from Russian sanctions, to Greek bank’s attempts at rehabilitation, and the resurgence of US shale producers. Before that, he ran the People & Markets coverage at IFR for five years. Previously, he was a correspondent at Bloomberg News in Madrid, where he wrote about the country's boom and bust.
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Underwriting and advisory fees are set to register their biggest fall since the global financial crisis following a year marred by market turbulence.
In a year marked by mammoth fintech fundraisings, M&A among US regional banks, bumper insurance deals and the never-ending struggle of European banks, one bank took a raft of advisory roles while continuing to provide much of the routine plumbing that financial firms need for their daily chores. For those reasons, Citigroup is IFR’s Bank of the Year for Financial Institutions.
For its commitment to public-sector clients through good times and bad, and for its reputation as the go-to bank for sovereigns in need of financing and advice, HSBC is IFR’s Bank of the Year for Governments.