HSBC was named the best investment bank in the Middle East for 2015 by Global Finance magazine in its 16th annual World’s Best Investment Banks survey.

The survey lists the best investment banks by country, region and sector, as well as the Best Legal Advisers and the Deals of the Year, in an exclusive survey to be published in the April 2015 issue.

GIB Capital claimed the title of the Best Equity Bank, while Mashreq and Samba Capital were named the Best Debt Bank and Best M&A Bank, respectively, in the Middle East.

J P Morgan was honoured as the best investment bank in the world for 2015.

“As investment banks continue to redefine themselves within the still-evolving global regulatory landscape, we honour those firms that excel despite challenging market conditions,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance.

“They understand the market, execute well, and create innovative solutions for their clients’ unique needs.”

Country-wise, GIB Capital claimed the top honour in Bahrain, while Mashreq and Samba Capital were named top investment banks the UAE and Saudi Arabia, respectively.

Markaz was named the top investment bank in Kuwait, with BankMuscat and Qinvest claiming the title in Oman and Qatar, respectively.

Global Finance editors, with input from industry experts, used a series of criteria—including market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation—to select the winners.

Deals announced or completed in 2014 were considered. – TradeArabia News Service