BEST INVESTMENT BANK
Credit Suisse is back on top again, aiming to leverage relationships throughout emerging markets to further stoke the coals of its LatAm investment banking engine. The Swiss house coasts on rising revenue from M&A, equity and fixed income, but has not slipped into complacency.
"We are doing much more [than competitors] in real terms to connect LatAm with the rest of the world," says Pedro Chomnalez, head of LatAm investment banking at Credit Suisse. "Every day we think more long term," he tells LatinFinance.
The top tier begrudgingly concedes Credit Suisses many strengths while rising LatAm investment banks and newcomers hold it up as the house to emulate. While it may not always come top for everything, the Swiss bank remains the one to beat, particularly in M&A advisory. Credit Suisse takes both Best Investment Bank and Best M&A House honors.
"We are going to end up not less than 45% up in revenues versus last year," says Chomnalez. "That compares more or less to 08, which wasnt a bad year for us," he adds, speaking of LatAm investment banking but declining to give outright numbers.
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