Bank of the Year/Bond House of the Year/Domestic Bond House of the Year

HSBC has much to crow about. It has come through the financial crisis with one of the tightest CDS spreads of the non-nationalised major banks. It took no government bailout money. It was not forced to do any emergency equity raising. It has simply stuck to its entirely stress-tested model of financing thousands of worthy clients. Long lost in a crowd of flashy, aggressive investment banks, the financial crisis has made dramatically clear just how excellent HSBC is. It is IFR Asia’s Bank of the Year, Bond House of the Year and Domestic Bond...