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

 11/8/2012 
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 House.

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 client-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.

Ends

Note to the editor:

About Corporate and Investment Banking at Absa

Corporate and Investment Banking, a division of Absa Bank Limited (Absa) and a member of Barclays, is a leading South African corporate and investment bank with global reach, offering clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.

Issued by:

FTI Consulting
Tanja Vasiljevic
+27 11 214 2410
+27 82 775 4810
tanja.vasiljevic@fticonsulting.com

For further information contact:
Graeme Coetzee
Associate Principal
Marketing and Corporate Communications
Absa Capital
+27 11 895 6695
+27 79 695 9798
graeme.coetzee@absacapital.com

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