Jun 22 2011 |
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HSBC wins four Euromoney awards
HSBC received four major awards last week at the annual Euromoney Awards dinner held in Dubai. Among those receiving awards was Georges Elhedery, the recently appointed head of global markets, Middle East and North Africa (MENA).The Euromoney Awards are acknowledged by the industry as the pinnacle of achievement for wholesale banks. These awards are given to those institutions and individuals that demonstrate leadership, innovation, and momentum in the markets in which they excel.
The judges took into account both the breadth and depth of HSBC 's coverage in the region; not only HSBC 's league table positions but also its involvement with many of the market defining transactions of the year. In the debt markets, this included its work on the first issuance this year by a property company, and its work with the Government of Dubai on its first bond since the standstill announcement, a bank press release said.
Mohammad al Tuwaijri, head of global banking and markets, MENA, said, "The MENA region is a vital part of HSBC 's emerging markets strategy and these awards are an important acknowledgement of our abilities. While we have been in the region for over 60 years, but our focus is firmly on the future."
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