1997 Bond Trading Poll: Government Bonds

1997 Bond Trading Poll: The rise of the continentals

Government bonds
Belgium
*1997*	*1996*		*Score*
1	2	Kredietbank	18
2	3	ABN Amro Hoare Govett	14
3=	–	Banque Bruxelles Lambert	13
3=	1	Generale Bank	13
3=	–	Société Générale	13
France
*1997*	*1996*		*Score*
1	3=	Banque Paribas	21
2	1	Caisse des Dépôts et Consignations	20
3	5	Banque Nationale de Paris	14
4	–	Société Générale	12
5=	–	Banque Indosuez/Crédit Agricole	11
5=	–	Crédit Commercial de France	11
Germany
*1997*	*1996*		*Score*
1	1	Deutsche Morgan Grenfell	53
2	3=	Dresdner Kleinwort Benson	15
3	5	JP Morgan	11
4	–	Lehman Brothers	10
5=	3=	ABN Amro Hoare Govett	7
5=	–	Bayerische Vereinsbank	7
5=	–	WestLB	7
Ireland
*1997*	*1996*		*Score*
1	1	Davy Stockbrokers	20
2=	3	Riada Stockbrokers	12
2=	2	NCB Stockbrokers	12
4	4	Goodbody Stockbrokers	9
5	–	Union Bank of Switzerland	6
Italy
*1997*	*1996*		*Score*
1	–	Credito Italiano	15
2	1=	JP Morgan	14
3	–	IMI	12
4	3	Morgan Stanley	11
5=	Ð	Deutsche Morgan Grenfell	8
5=	4	Istituto Bancario San Paolo di Torino	8
Netherlands
*1997*	*1996*		*Score*
1	1	ABN Amro Hoare Govett	54
2	2	ING Barings	36
3	3	Rabobank	15
4	4	Deutsche Morgan Grenfell	9
5	–	MeesPierson	5
Spain
*1997*	*1996*		*Score*
1	3=	Banco Bilbao Vizcaya	20
2	1	JP Morgan	10
3	3=	Banco Santander de Negocios	8
4=	2	Morgan Stanley	7
4=	–	Crédit Commercial de France	7
Switzerland
*1997*	*1996*		*Score*
1	2	Union Bank of Switzerland	29
2	3	Credit Suisse First Boston	23
3	1	SBC Warburg	17
UK
*1997*	*1996*		*Score*
1	1	BZW	28
2	3	HSBC Markets	27
3	2	Lehman Brothers	14
4	4	SBC Warburg	12
5	–	Hambros Bank	9
Denmark
*1997*	*1996*		*Score*
1	1	Den Danske Bank	35
2	4	Carnegie	14
3	2=	Unibank	13
4=	2=	ABN Amro Hoare Govett	9
4=	–	Uniboers	9
Finland
*1997*	*1996*		*Score*
1	2	Merita Bank	20
2	1	S-E-Banken	7
3	–	Postipankki	6
4	–	ABN Amro Hoare Govett	4
Sweden
*1997*	*1996*		*Score*
1	1=	S-E-Banken	22
2=	4	JP Morgan	8
2=	–	HSBC Markets	8
2=	–	Svenska Handelsbanken	8
5	1=	Ohman	6
Japan
*1997*	*1996*		*Score*
1	1	Nomura Securities	18
2	–	Yamaichi Securities	14
3	–	Nikko Securities	10
4	–	Daiwa Securities	9
5	2	Industrial Bank of Japan	8
Canada
*1997*	*1996*		*Score*
1	1	RBC Dominion	33
2	2	CIBC Wood Gundy	21
3	4	Toronto Dominion	17
4	–	Hambros Bank	8
5=	3	Bank of Montreal	7
5=	5	Scotia McLeod	7
US
*1997*	*1996*		*Score*
1=	4	Goldman Sachs	17
1=	1	Merrill Lynch	17
3	3	Lehman Brothers	14
4	–	PaineWebber	12
5	–	Credit Suisse First Boston	9
Most improved houses
*1997*	*1996*		*Score*
1=	–	ABN Amro Hoare Govett	14
1=	–	Deutsche Morgan Grenfell	14
3	–	SBC Warburg	11
4	–	Lehman Brothers	9
5	–	Union Bank of Switzerland	8