Despite the fallout from the global downturn continuing to make its presence felt, optimism is returning to many areas of the banking world. The Banker's Bank of the Year Awards celebrate the achievements of the most innovative, dedicated, creative, resilient and ambitious banks in each region of the world, and across 144 countries.
Back from brink: the Kazakhstan government spent $19bn shoring up the banking sectorKazakhstan is to issue its first international bond issue in nearly 10 years as the government looks to strengthen its public finances and provide companies with a target benchmark as it returns to the international capital markets.
PWM/The Banker’s inaugural Private Banking Awards were established with the aim of provoking a move to greater transparency and accountability in a growing global wealth management industry, which sees itself increasingly under the gaze of national and supra-national regulators. We also felt it was time to properly reward institutions which are doing their best for the private client.
Banco Real: world's largest listing this yearSpanish giant Santander, the eurozone's largest bank by market capitalisation, has raised some $8bn after the flotation of its Brazilian subsidiary, Banco Real, in the world's largest listing this year. The bank will list under the name Santander Brasil.