FX Poll 1997: Best dealers

Thursday, May 01, 1997

FX Poll 1997: Taken aback by a leap forward

97	96	Bank	Score
French franc
1	1	Société Générale	60
2	3	Banque Nationale de Paris	38
3	5	Citibank	34
4	2	Chase	32
5	4	Banque Indosuez/Crédit Agricole	28
6	6	HSBC Midland	23
7=	10	ABN Amro Hoare Govett	19
7=	-	NatWest	19
9	-	BZW	17
10	9	Banque Paribas	16
Italian lira
1	3	Citibank	42
2	2	Banca Commerciale Italiana	41
3	1	Chase	38
4	4	HSBC Midland	34
5	5	NatWest	29
6	9=	ABN Amro Hoare Govett	19
7	8	Bank of America	15
8	6=	Deutsche Morgan Grenfell	14
9	6=	JP Morgan	13
10=	-	Cariplo	12
10=	9=	Union Bank of Switzerland	12
Spanish peseta
1	2	Citibank	44
2	1	Chase	41
3	3	HSBC Midland	35
4	5	NatWest	23
5	7	ABN Amro Hoare Govett	21
6	-	Royal Bank of Scotland	15
7	8=	Deutsche Morgan Grenfell	13
8	4=	Banco Bilbao Vizcaya	11
9	4=	Bank of America	10
10	-	Société Générale	9
Ecu
1	2	Citibank	23
2	1	Chase	17
3	8=	Deutsche Morgan Grenfell	16
4	4	ABN Amro Hoare Govett	15
5	3	HSBC Midland	12
6=	5=	Kredietbank	11
6=	7	NatWest	11
8	-	Banque Paribas	10
9	-	Dresdner Kleinwort Benson	8
10=	10	Banque Indosuez/Crédit Agricole	6
10=	-	Generale Bank	6
10=	-	Royal Bank of Canada	6
10=	-	Société Générale	6
Benelux currencies
1	-	ABN Amro Hoare Govett	52
2	-	Citibank	31
3	-	Deutsche Morgan Grenfell	25
4	-	Chase	23
5	-	Kredietbank	22
6	-	Société Générale	15
7=	-	Generale Bank	14
7=	-	HSBC Midland	14
9	-	Banque Bruxelles Lambert	13
10	-	Bank of America	8
Scandinavian currencies
1	1	S-E-Banken	46
2	2	Citibank	43
3	4	Chase	36
4	3	Svenska Handelsbanken	20
5	6	Den Danske Bank	18
6	7	Deutsche Morgan Grenfell	13
7	5	HSBC Midland	12
8	-	Merita Bank	11
9=	-	Royal Bank of Scotland	9
9=	-	SBC Warburg	9
Irish punt
1	5	Chase	23
2	3	HSBC Midland	21
3	4	NatWest	19
4	7=	Bank of Ireland	17
5	2	Citibank	16
6	-	Ulster Bank	15
7	1	AIB	14
8	6	BZW	13
9=	-	ABN Amro Hoare Govett	9
9=	-	Royal Bank of Scotland	9
Portuguese escudo
1=	2	Chase	26
1=	3	Citibank	26
3	1	HSBC Midland	13
4	4	NatWest	8
5=	-	ABN Amro Hoare Govett	6
5=	8=	Bank of America	6
5=	-	Royal Bank of Scotland	6
Greek drachma
1	-	Citibank	24
2	-	NatWest	17
3	-	Chase	12
4=	-	Bayerische Vereinsbank	5
4=	-	HSBC Midland	5
4=	-	National Bank of Greece	5
Canadian dollar
1	1	Royal Bank of Canada	104
2	4	Citibank	43
3	3	CIBC Wood Gundy	38
4	2	Toronto Dominion	32
5	6	Chase	26
6	7	Bank of Montreal	25
7	-	Bank of Nova Scotia	19
8	-	NatWest	17
9	5	HSBC Midland	15
10=	8	Bank of America	12
10=	-	Merrill Lynch	12
Australian dollar
1	1	Westpac Banking Corp	44
2	5	HSBC Midland	41
3	3	ANZ	32
4	2	Citibank	30
5	6	Chase	26
6	4	National Australia Bank	21
7	7	Commonwealth Bank of Australia	19
8		Standard Chartered	13
9	9=	BZW	12
10	9=	NatWest	11
New Zealand dollar
1	2	Westpac Banking Corp	30
2	1	ANZ	27
3	4	Citibank	25
4	5	HSBC Midland	24
5	3	Chase	20
6	7	National Australia Bank	17
7=	-	Bankers Trust	13
7=	8	Standard Chartered	13
9	9=	JP Morgan	9
10=	9=	BZW	8
10=	-	NatWest	8
Mexican peso
1	1	Citibank	40
2	2	Bank of America	19
3	3	Chase	15
4	5	Banamex	10
5	-	Merrill Lynch	9
Argentinean peso
1	1	Citibank	16
2	3	Chase	11
Brazilian real
1	1	Citibank	22
2	3	Bank of Boston	11
3	5	Chase	9
4	6=	ABN Amro Hoare Govett	6
5		ING Barings	5
Czech koruna
1	1	Citibank	27
2	4	Chase	15
3	-	Commerzbank	11
4	-	Merrill Lynch	6
5	-	Dresdner Kleinwort Benson	5
Polish zloty
1	1	Citibank	24
2	3	Chase	9
3		BZW	6
4		Dresdner Kleinwort Benson	5
5=		ING Barings	3
5=	5=	Standard Chartered	3
Hungarian forint
1	1	Citibank	15
2	4	Chase	12
3	5=	ING Barings	6
4=	-	BZW	3
4=	5=	Standard Chartered	3
Singapore dollar
1	1	Standard Chartered	57
2	2	HSBC Midland	45
3	3	Citibank	40
4	5=	Chase	27
5	4	Bank of America	14
6	-	NatWest	12
7=	-	BZW	11
7=	-	United Overseas Bank	11
9=	8=	ABN Amro Hoare Govett	5
9=	-	Lloyds Bank	5
Hong Kong dollar
1	1	HSBC Midland	73
2	2	Standard Chartered	36
3	3	Citibank	33
4	5	Chase	29
5	7	NatWest	17
6	4	Bank of America	9
7=	8	ABN Amro Hoare Govett	7
7=	-	BZW	7
9	-	Royal Bank of Scotland	5
Thai baht
1	2	Citibank	31
2	1	Standard Chartered	24
3	3	HSBC Midland	20
4	5	Chase	17
5	4	Bank of America	10
6=	9	Bangkok Bank	6
6=	-	Lloyds Bank	6
6=	-	Royal Bank of Scotland	6
9	-	NatWest	4
Malaysian ringgit
1	1	Standard Chartered	44
2	2	Citibank	34
3	3	HSBC Midland	26
4	4	Chase	17
5=	5	Bank of America	7
5=	-	BZW	7
5=	7=	NatWest	7
5=	-	United Overseas Bank	7
9	7=	Banque Indosuez/Crédit Agricole	6
10	-	Royal Bank of Scotland	5
Indonesian rupiah
1	1	Citibank	26
2	3	HSBC Midland	14
3	2	Standard Chartered	9
4	5=	Chase	8
5=	-	NatWest	6
5=	-	Royal Bank of Scotland	6
Philippine peso
1	-	Citibank	26
2	-	Standard Chartered	12
3	-	HSBC Midland	11
4	-	Chase	9
5	-	Goldman Sachs	4
Indian rupee
1	2	Citibank	25
2	1	Standard Chartered	17
3	-	Deutsche Morgan Grenfell	11
4	-	Bank of America	10
5	-	Chase	8
South African rand
1	1	Standard Chartered	25
2	2	Citibank	22
3	3	BZW	21
4	4=	Chase	15
5	4=	HSBC Midland	9
6	-	Standard Bank	8
7=	-	NatWest	6
7=	-	Royal Bank of Canada	6
9	-	ABSA Bank	5
10	-	Banque Indosuez/Crédit Agricole	4