January 23, 2014
Thomson Reuters IFR Awards Dinner Raises Over £1m For Save the Children
LONDON – At the 19th annual Thomson Reuters International Financing Review (IFR) awards gala dinner on Wednesday, 22 January £1,066,729 was pledged to Save the Children, the global charitable organisation providing relief to some of the world’s most vulnerable children. Her Royal Highness The Princess Royal, President of Save the Children, attended the prestigious event to present Gary Cohn, President and Chief Operating Officer of Goldman Sachs, with the coveted “Bank of the Year Award” for 2013. Last night’s total takes the cumulative fundraising figure from the annual awards ceremony to over £22million.
During the evening’s proceedings, senior representatives of the world’s leading investment banks pledged money to Save the Children via an interactive charity bidding board. Goldman Sachs topped the list of contributors with a phenomenal bid of £450,000.
Douglas Rouse, Corporate Partnerships Director at Save the Children said: “I will never cease to be amazed by the extraordinary generosity of guests at the IFR Awards. Once again, people have dug deep to help save children’s lives around the world and we are hugely grateful to all who have contributed to such an incredible total.”
The dinner, held in the Great Room of London’s Grosvenor House Hotel, and attended by over 1,000 senior investment bankers, was organised by IFR, the world’s leading source of capital markets intelligence. The IFR event is recognised as the key awards ceremony for global financiers and is Save the Children’s largest single annual fundraiser.
“The generosity of attendees at the IFR awards dinner never ceases to amaze. It’s not an over-statement to say that the funds raised by capital markets participants and others last night will save the lives of vulnerable children. That’s a very sobering thought. The funds will also make some very special projects happen in key areas of Save the Children’s ongoing work around the world. The investment banking industry should be commended on this great achievement,” said Keith Mullin, Editor-at-Large of IFR.
IFR award winners for 2013 include:
- Bank of the Year – Goldman Sachs
- Bond House - Deutsche Bank
- Equity House - Goldman Sachs
- Loan House – Deutsche Bank
- Structured Finance House – Credit Suisse
- Derivatives House - Citigroup
- Restructuring Adviser – Houlihan Lokey
- Emerging Market Bond House – Citigroup
- High-Yield Bond House – Deutsche Bank
- Issuer of the Year - Volkswagen
About IFR Awards
The IFR Awards are selected by IFR's expert capital markets journalists. Starting in October, the journalists start an exhausting round of interviews with hundreds of market participants. These meetings give an opportunity for capital markets professionals to stake their claim to individual awards and to give their views on the performance of their peers. They also give the reporters the chance to gauge the market’s thoughts on the most important transactions of the year. In addition, the IFR team takes soundings from treasurers and investors before deciding on a shortlist in each award category. The final decision is then made by the senior IFR editorial team.
Save the Children
Save the Children works in more than 120 countries including the UK. We save children's lives. We fight for their rights. We help them fulfil their potential. For more information visit www.savethechildren.org.uk
Thomson Reuters International Financing Review is the leading source of fixed income, capital markets and investment banking news and commentary. IFR's team of market specialists report on capital raising across asset classes, from rumour through to market reception – in real-time, online, on mobile and in print. IFR’s special reports, roundtables and conferences provide expert thought leadership to a senior financial markets audience; IFR Awards are the industry’s most prestigious. Markets professionals worldwide rely on IFR’s combination of commentary, analysis, data and forecasting for intelligence they can act on.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.