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The October issue of Global Finance magazine names the world's best banks, based on a survey of its readers and extensive research among major users of banking services and analysts who follow the banking sector. Morgan Stanley wins Best Investment Bank in the United States.
"We salute these institutions that represent excellence and leadership in their markets. They have distinguished themselves by providing innovative solutions and superior services for their clients," says Joseph Giarraputo, publisher.
To qualify for these awards, the banks not only had to have significant clout in their home markets, but also forward-thinking solutions for their clients. "These banks were difficult to select," says Kathryn Hanes, editor. "We were assessing the entire bank, not certain sections or teams. We looked for strong commercial and retail operations that also set about breaking new ground."
Many months of research go into selecting Global Finance's Best Banks. They are selected by Global Finance's editors beginning with a survey of its readers, which include senior executive and financial management at the largest corporations worldwide. Once the reader surveys have been reviewed, a team of Global Finance reporters investigate further, talking to bankers, analysts, and their banking clients to determine the winners.
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| Best Banks in OECD Countries |
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| Australia |
ANZ |
| Austria |
Bank Austria |
| Belgium |
KBC Bank |
| Canada |
Royal Bank |
| Czech Republic |
Ceskoslovenska Obchodni Banka |
| Denmark |
Den Danske Bank |
| Finland |
Merita Bank |
| France |
BNP |
| Germany |
Deutsche Bank |
| Greece |
Alpha Credit Bank |
| Hungary |
Orszagos Takarekpenztar |
| Iceland |
Landbanki Islands |
| Ireland |
Allied Irish Bank |
| Italy |
Unicredito Italiano |
| Japan |
Bank of Tokyo-Mitsubishi |
| Korea |
Kookmin Bank |
| Luxembourg |
Banque Generale du Luxembourg |
| Mexico |
Banamex |
| Netherlands |
ABN-AMRO |
| New Zealand |
ANZ |
| Norway |
Union Bank of Norway |
| Poland |
Bank Handlowy |
| Portugal |
Banco Commercial de Portugues |
| Spain |
Banco Bilbao Vizcaya |
| Sweden |
Svenska Handelsbanken |
| Switzerland |
UBS |
| Turkey |
Garanti Bank |
| United Kingdom |
HSBC |
| United States - Commercial |
Chase |
| United States - Investment |
Morgan Stanley |
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| Best Banks in Developed, Non-OECD Countries |
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| Hong Kong |
HSBC |
| Israel |
Hapoalim |
| Malta |
Bank of Valletta |
| Singapore |
Overseas-Chinese Banking Corp. |
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Established in 1987, Global Finance covers the key events and trends that affect multinational companies and financial institutions each month. It has more than 300,000 readers among senior corporate executives, bankers, money managers, and government policy makers in more than 185 countries.
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