FX Poll 1997: Taken aback by a leap forward
The client poll
Euromoney collected data for its foreign exchange survey by faxing a detailed questionnaire to named individuals at industrial and commercial corporations, financial institutions, institutional investors and state agencies.
We received 194 replies. Breakdown by type: corporates 63%, non-market making banks 7%, other financial institutions 14%, institutional investors 9% and others including state agencies 7%. Breakdown by region: Europe 47%, North America 27%, Asia and Australia 24%, Middle East and others 2%.
The overall ranking is based on the total volume of foreign exchange business placed annually with each bank.
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