Absa’s Corporate and Investment Banking continues to dominate Spire Awards

The Corporate and Investment Banking division of Absa Bank Limited (Absa), a member of Barclays, last night dominated the Spire Awards, securing first place rankings in the overall categories of Best Fixed Income House and Currency House, and Best Bond Ho

The firm also went on to achieve top rankings in 12 sub-categories including: Best Market Making Team – Government Bonds; Best Team – Inflation Linked Bonds; Best Team – Credit Bonds; Best Sales Team - Cash Bonds; Best Market Making Team – IR Derivatives; Best Market Making Team – FX; Best Onscreen Market Making Team – IRD – Volumetric; Best Sales Team – IRD; Best Sales Team – FX; Best Research Team – FX; Best Research Team – Technical; Best Structuring Team.

Absa’s Corporate and Investment Banking division was also runner up in a further five sub-categories.

“This accolade demonstrates that our customer-centric approach and unique fully local, fully global client offering continues to yield results,” said Stephen van Coller, Chief Executive of Corporate and Investment Banking and Wealth at Absa. “This achievement clearly displays our clients’ confidence in our capabilities, and we are pleased that we can continue to maintain these successful partnerships.”

The firm’s strong performance in the Spire Awards follows last month’s ranking as the overall top bank in the 2012 Risk South Africa Rankings.

The Spire Awards, which celebrates its eleventh anniversary this year, recognises those individuals and teams who have used talent, intelligence and commitment to grow the fixed income and currency market in South Africa.