The FINANCIAL -- HSBC today announced it has been named Best Global Bank by Euromoney magazine in its Awards for Excellence 2009. In addition, at a ceremony held in London last night, HSBC was named Best Global Debt House and Best Global Transaction Banking House.
Michael Geoghegan, Group CEO of HSBC , said, “I would like to
congratulate all the award winners, who have received these accolades
and are managing through these unprecedented times not by chance but by
sticking firmly to business and banking fundamentals."
"Conservativism, strong capital management and responsible practice
have certainly been the core of HSBC since we were founded in 1865. In
practice, this character is personified every day by our 300,000 plus
staff around the world and it's on their behalf that I am delighted to
accept the Global Bank of the Year award for HSBC ."
Euromoney seeks to award companies who have excelled in providing
high-quality products and services across all areas of commercial and
investment banking. Over the years these awards have set the standards
for banking and capital market excellence amongst the top ranking
financial institutions around the world. Awards are based on
outstanding performance, quality service, innovation and momentum.
Clive Horwood, editor of Euromoney, said: "After a period in which
banks suffered for putting too many eggs into too few baskets, one of
the things that stands out at HSBC is the diversity of its business. It
is a truly global bank.”
HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is
headquartered in London. The Group serves customers worldwide from
around 9,500 offices in 86 countries and territories in Europe, the
Asia-Pacific region, the Americas, the Middle East and Africa. With
assets of US$2,527 billion at 31 December 2008, HSBC is one of the
world’s largest banking and financial services organisations. HSBC is
marketed worldwide as ‘the world’s local bank’.
HSBC Global Banking and Markets
HSBC Global Banking and Markets is an emerging markets-led and
financing-focused business that provides tailored financial solutions
to major government, corporate and institutional clients worldwide.
Global Banking and Markets has offices in more than 60 countries and
territories. Managed as a global business, HSBC offers clients
geographic reach and deep local knowledge. For more information on
Global Banking and Markets, please visit www.hsbcnet.com
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