Copying and distributing are prohibited without permission of the publisher
Recognising achievers in troubled times
19 June 2009
Jonathan Bell, managing editor of Trade Finance magazine, reviews the Awards for Excellence results 2009.
Read more:
[Awards for Excellence]
When we ran the Awards for Excellence last year it was a far different picture, with many banks entertaining a ‘fill your boots’ philosophy. Gone are those days, as we have been through the worst of times in what has been an unprecedented past nine or 10 months. Banks have shut down operations – such as the closing of commodities with HSH Nordbank and KBC. Other banks have been effectively nationalised – such as RBS, as it took in the full impact of the sub-prime crisis and the ABN takeover. And elsewhere, bank consolidation has also contributed to a trimmed market. The banking sector will never be the same again.
With these wholesale changes, banks, insurers, lawyers and other service providers have also had to face...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.