HSBC Gets Tops League Tables In 2008, Winning Numerous Financial Awards

HSBC has built on the momentum of its Global Banking and Markets business, especially in the arena of debt capital markets (DCM), winning significant financial awards and topping league tables in 2008. HSBC was named IFR Asia Bank of the

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HSBC has built on the momentum of its Global Banking and Markets business, especially in the arena of debt capital markets (DCM), winning significant financial awards and topping league tables in 2008.

HSBC was named IFR Asia Bank of the Year 2008. Pragmatic strategies lead HSBC to perform strongly across all debt-related products in Asia-Pacific, leading major transactions in G3, Asian domestic currency bonds, loan syndication and securitisation.

“All acknowledgments are testament to HSBC’s unfailing commitment to developing our global banking platform to better support the needs of our clients around the region,” says Frank Slevin, head of global banking, Asia-Pacific, HSBC. “We are honoured to be recognised by IFR Asia in 2008 and we will continue to evolve our businesses in light of the rapidly changing market dynamics which are undoubtedly going to characterise the year ahead.”

“HSBC’s history is firmly rooted in Asia’s debt capital markets and we remain committed to the continued development of the region’s local currency and G3 capital markets,” says Anita Fung, group general manager, treasurer and head of global markets, Asia-Pacific, HSBC. “Through the current financial turmoil, the ability to intermediate between our clients seeking to raise funds and investors in Asia and the rest of the world is more important than ever. It is great to see HSBC’s strength in this area recognised by the finance industry.”

“The credit crisis has amply demonstrated the wisdom of HSBC’s perspective,” says IFR Asia. “The bank has shown tremendous foresight in choosing from the beginning to not participate in the leveraged economy. HSBC has instead focused on what it describes as the real money economy. It is a massive provider of debt via the bond and loan markets, with that cash generally going to nuts-andbolts firms that have real revenues and products. The bank makes things that people consume.”

HSBC also topped the Dealogic DCM Revenue Ranking, taking up 4.9% of market share. HSBC came second in the Dealogic DCM Volume Ranking by completing more than 350 deals in 2008.

HSBC also ranked first in the Bloomberg Debt/ Bonds Underwriting Rankings – Asia-Pacific ex-Japan 2, taking up 4.2% of market share with more than 250 issues.

D.C.

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