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FX poll results – best research

Currency strategy Rank Total score 1 1 Citigroup 720 2 2 Deutsche Bank 617 3 5 Goldman Sachs 217 4 6 HSBC 214 5 3 Chase Manhattan Bank 184 6 * UBS Warburg 168 7 8 ABN Amro 132 8 7 JP Morgan 108 9 10 Credit Suisse First Boston 88 10 17 Dresdner Kleinwort […]

May 1, 2001

Currency strategy
Rank Total score
1 1 Citigroup 720
2 2 Deutsche Bank 617
3 5 Goldman Sachs 217
4 6 HSBC 214
5 3 Chase Manhattan Bank 184
6 * UBS Warburg 168
7 8 ABN Amro 132
8 7 JP Morgan 108
9 10 Credit Suisse First Boston 88
10 17 Dresdner Kleinwort Wasserstein 86
11 23 Standard Chartered Bank 82
12 11 Morgan Stanley Dean Witter 80
13 14 Barclays Capital 75
14 12 Merrill Lynch 63
15 4 Bank of America 58
16 44= BNP Paribas 55
17 36 Royal Bank of Scotland 48
18 15 SEB 42
19 20 Bank of Tokyo-Mitsubishi 41
19 19 Société Générale 41
21 ** Mizuho Group 40
22 20 Crédit Agricole Indosuez 35
23 16 State Street Bank & Trust 31
23 57= Westpac Banking Corp 31
25 13 BSCH 30
25 27 Commerzbank 30
27 23 Lehman Brothers 28
28 – ING Barings 24
29 41 Bank of New York 17
29 33 Royal Bank of Canada 17
31 44 HypoVereinsbank 16
31 44= Toronto Dominion Bank 16
33 27 ANZ Banking Group 15
33 36 Bank One 15
35 27 Bank of Nova Scotia 14
35 44= Commonwealth Bank of Australia 14
37 57= BBVA 13
37 – Brown Brothers Harriman 13
37 50 Rabobank 13
40 – CTCB 12
41 – DBS Bank 11
42 25 KBC Bank 10
42 – Svenska Handelsbanken 10
44 41= Crédit Lyonnais 9
44 57= FleetBoston Financial Group 9
44 **** Nordea 9
47 57= Erste Bank 8
47 27 National Australia Bank 8
47 67 Sal Oppenheim 8
50 67 Bear Stearns 7
51 34 AIG International 5
51 36 Dankse Bank 5
51 – Landesbank HessenThuringen 5
51 57= National Bank of Greece 5
*Warburg Dillon Read 9
**IBJ ranked 44=, Fuji Bank 57=
****MeritaNordbanken ranked 50, Unibank 25
Economic
Rank Total score
1 2 Citigroup 683
2 1 Deutsche Bank 631
3 5 Goldman Sachs 253
4 6 HSBC 210
5 3 JP Morgan 164
6 * UBS Warburg 155
7 4 Chase Manhattan Bank 148
8 9 ABN Amro 112
9 17= Standard Chartered Bank 96
10 10 Morgan Stanley Dean Witter 86
11 12 Credit Suisse First Boston 84
12 17= Dresdner Kleinwort Wasserstein 74
13 11 Merrill Lynch 61
14 13 Barclays Capital 53
15 7 Bank of America 52
16 15= Bank of Tokyo-Mitsubishi 45
16 20

Société Générale

 45
18 **

Mizuho Group

 36
19 14 Royal Bank of Canada 34
20 51= Royal Bank of Scotland 33
21 38= BNP Paribas 30
21 23 SEB 30
23 21

Crédit Agricole Indosuez

 28
24 35= Commerzbank 27
24 38= ING Barings 27
24 27= Westpac Banking Corp 27
27 38= BSCH 26
28 45= State Street Bank & Trust 25
29 47= Bank of New York 24
29 25= Lehman Brothers 24
31 24 Svenska Handelsbanken 20
32 22 ANZ Banking Group 18
33 35= BBVA 17
34 41= Brown Brothers Harriman 15
34 – HypoVereinsbank 15
36 31 National Australia Bank 14
37 – Commonwealth Bank of Australia 12
38 – Bank One 11
38 – Komercni Banka 11
38 32= Toronto Dominion Bank 11
41 – CTCB 10
42 35= Bank of Nova Scotia 9
42 51= KBC Bank 9
42 –

Macquarie Bank

 9
45 19 CIBC Wood Gundy 8
45 41= Nomura Trust Bank 8
45 – Rabobank 8
48 41= AIG International 7
48 – CDC Marchés 7
48 –

Crédit Lyonnais

 7
48 – DBS Bank 7
48 47= Mellon Financial Corporation 7
48 **** Nordea 7
54 – Bank Niaga 6
54 – Erste Bank 6
54 47= FleetBoston Financial Group 6
54 – Nomura Securities 6
54 32=

Westdeutsche Landesbank

 6
59 – Banco Comercial Portugues 5
59 – National Bank of Greece 5
*Warburg Dillon Read 8
**IBJ ranked 25=
****MeritaNordbanken ranked 41=
Technical
Rank Total score
1 1 Citigroup 561
2 2 Deutsche Bank 416
3 5 HSBC 196
4 3 Chase Manhattan Bank 194
5 * UBS Warburg 183
6 7 JP Morgan 100
7 8 ABN Amro 87
8 10 Goldman Sachs 85
9 11= Morgan Stanley Dean Witter 67
10 17= Standard Chartered Bank 61
11 23= Barclays Capital 59
12 4 Bank of America 54
12 23= BNP Paribas 54
12 20 SEB 54
15 38= Royal Bank of Scotland 51
16 16

Société Générale

 41
17 15 Credit Suisse First Boston 39
18 28= ANZ Banking Group 38
19 6 Merrill Lynch 37
20 26= Dresdner Kleinwort Wasserstein 36
21 21 Bank of Tokyo-Mitsubishi 32
21 13

Crédit Agricole Indosuez

 32
23 22 Commerzbank 27
24 38= BSCH 26
24 34= HypoVereinsbank 26
24 – ING Barings 26
27 17= Royal Bank of Canada 24
28 – Bank of New York 19
28 **** Nordea 19
30 30= Bank One 16
31 14 CIBC Wood Gundy 15
31 23= Lehman Brothers 15
33 **

Mizuho Group

 14
34 43= Bank of Nova Scotia 13
34 – Brown Brothers Harriman 13
34 – Mitsubishi Trust & Banking 13
37 –

Crédit Lyonnais

 12
37 28= FleetBoston Financial Group 12
37 – Westpac Banking Corp 12
40 38= Mellon Financial Corporation 11
40 49 Toronto Dominion Bank 11
42 – Bayerische Landesbank 10
42 38= Commonwealth Bank of Australia 10
44 – Bank of Scotland 9
45 33 BBVA 8
46 – AIG International 7
46 34= Bank of Montreal 7
46 – Sal Oppenheim 7
49 – CTCB 6
49 26= State Street Bank & Trust 6
51 – National Australia Bank 5
*Warburg Dillon Read 9
**IBJ ranked 43=, Fuji bank 43=
****MeritaNordbanken ranked 30=
Short-term (0-3 months)
Rank Total score
1 1 Citigroup 484
2 2 Deutsche Bank 394
3 6 HSBC 176
4 * UBS Warburg 126
5 9 Goldman Sachs 111
6 3 Chase Manhattan Bank 109
7 5 ABN Amro 108
8 7 JP Morgan 78
9 25= Standard Chartered Bank 67
10 18= Credit Suisse First Boston 57
11 15 Dresdner Kleinwort Wasserstein 53
12 11= Merrill Lynch 44
13 32= BNP Paribas 40
13 10 Morgan Stanley Dean Witter 40
15 50

Société Générale

 37
16 **

Mizuho Group

 35
17 14 Barclays Capital 33
18 16= Bank of Tokyo-Mitsubishi 32
19 32= BSCH 28
20 37= Commerzbank 26
21 8 Bank of America 24
21 11= Royal Bank of Canada 24
21 37= Royal Bank of Scotland 24
24 18= SEB 19
25 27= Bank of New York 16
25 37= ING Barings 16
27 24 ANZ Banking Group 15
27 – HypoVereinsbank 15
29 23 Westpac Banking Corp 13
30 11=

Crédit Agricole Indosuez

 12
30 – CTCB 12
32 44= Bank One 11
32 – BBVA 11
32 37= FleetBoston Financial Group 11
32 – Northern Trust 11
32 32= State Street Bank & Trust 11
37 **** Nordea 10
37 44= Toronto Dominion Bank 10
39 – AIG International 9
39 22 Bank of Nova Scotia 9
41 – Komercni Banka 8
42 – Brown Brothers Harriman 7
42 – Commonwealth Bank of Australia 7
42 – Sal Oppenheim 7
45 – HDFC 6
46 25= CIBC Wood Gundy 5
46 44=

Crédit Lyonnais

 5
46 – KBC Bank 5
46 – Sanwa Bank 5
*Warburg Dillon Read 4
**IBJ ranked 16=,Fuji Bank 32=
****MeritaNordbanken ranked 27=
Long-term (Over 3 months)
Rank Total score
1 2 Deutsche Bank 433
2 1 Citigroup 431
3 7 HSBC 141
4 5 Goldman Sachs 123
5 4 JP Morgan 102
6 3 Chase Manhattan Bank 92
7 * UBS Warburg 87
8 10= ABN Amro 86
9 10= Credit Suisse First Boston 63
10 12 Morgan Stanley Dean Witter 51
11 13 Dresdner Kleinwort Wasserstein 50
12 9 Merrill Lynch 47
13 14 Bank of Tokyo-Mitsubishi 45
14 31= Standard Chartered Bank 39
15 16 Barclays Capital 36
15 18

Société Générale

 36
17 34= Royal Bank of Scotland 27
18 8 Bank of America 26
18 – BNP Paribas 26
20 17 Royal Bank of Canada 23
21 **

Mizuho Group

 18
22 23= State Street Bank & Trust 17
23 34= Bank of New York 16
23 40= BSCH 16
25 19

Crédit Agricole Indosuez

 15
25 – ING Barings 15
25 21= Svenska Handelsbanken 15
28 – HypoVereinsbank 14
29 31= SEB 11
30 – AIG International 10
30 21= ANZ Banking Group 10
32 – BBVA 9
32 23= CIBC Wood Gundy 9
34 37= KBC Bank 8
34 – Nomura Trust Bank 8
34 37= Toronto Dominion Bank 8
37 28= Bank of Nova Scotia 7
37 – Brown Brothers Harriman 7
37 26= Westpac Banking Corp 7
40 – Commerzbank 6
40 – Nordea 6
40 – Rabobank 6
43 –

Crédit Lyonnais

 5
43 –

Macquarie Bank

 5
43 – National Australia Bank 5
43 – National Bank of Greece 5
43 –

Westdeutsche Landesbank

 5
*Warburg Dillon Read 6
**IBJ ranked 15
****Unibank 28=
Options and volatility
Rank Total score
1 2 Citigroup 317
2 1 Deutsche Bank 231
3 * UBS Warburg 113
4 4 Goldman Sachs 112
5 8 Chase Manhattan Bank 93
6 7 HSBC 87
7 3 JP Morgan 43
8 14 Credit Suisse First Boston 36
9 9 ABN Amro 34
10 – Standard Chartered Bank 30
11 5 Bank of America 29
12 – Dresdner Kleinwort Wasserstein 27
13 17=

Société Générale

 25
14 15= SEB 24
15 10 Morgan Stanley Dean Witter 21
16 13 Barclays Capital 19
17 11 Royal Bank of Scotland 18
18 14 Royal Bank of Canada 17
19 – Bank of New York 16
20 28= Westpac Banking Corp 16
21 – BNP Paribas 14
22 –

Mizuho Group

 12
23 12 Merrill Lynch 11
24 19= ANZ Banking Group 10
24 22= Bank of Tokyo-Mitsubishi 10
24 – HypoVereinsbank 10
27 28=

Crédit Agricole Indosuez

 9
27 –

Crédit Lyonnais

 9
27 24= Lehman Brothers 9
30 – BBVA 8
30 28= BSCH 8
32 – Commerzbank 7
33 32= CIBC Wood Gundy 6
34 – ING Barings 5
34 – Unicredito Italiano 5
*Warburg Dillon Read 6
FX services allied with global cash management
Rank Total score
1 1 Citigroup 438
2 2 Deutsche Bank 280
3 4 HSBC 121
4 3 Chase Manhattan Bank 83
5 5 ABN Amro 80
6 6 Bank of America 58
7 * UBS Warburg 46
8 13 Standard Chartered Bank 31
9= 15 BSCH 30
9= **** Nordea 30
11 8 Barclays Capital 29
12 9 State Street Bank & Trust 26
13 18 Dresdner Kleinwort Wasserstein 25
13 18 Goldman Sachs 25
15 9 SEB 25
17 21 Bank of Tokyo-Mitsubishi 21
18 16 Bank of New York 20
18 – Commerzbank 20
20 32 Westpac Banking Corp 16
21 32 Bank One 15
23 32 BBVA 15
21 32 JP Morgan 15
24 16 Dankse Bank 14
25 30 Royal Bank of Canada 11
26 11 BNP Paribas 10
26 25 Credit Suisse First Boston 10
26 – Mandiri Bank 10
29 42

Crédit Lyonnais

 9
29 – Morgan Stanley Dean Witter 9
29 21 Royal Bank of Scotland 9
32 – Bank of Nova Scotia 8
32 25 Fortis Bank 8
32 – Gruppo Intesa 8
32 **

Mizuho Group

 8
36 54 HypoVereinsbank 7
38 – Alpha Bank 6
38 – Banco Nacional de México 6
38 32 Bank of Montreal 6
38 – EFG Eurobank 6
38 – HDFC 6
38 42 Merrill Lynch 6
38 *** Sumitomo Mitsui Banking Corp (SMBC) 6
45 – First Union Bank 5
45 – Lloyds TSB 5
45 42

Société Générale

 5
45 54= Toronto Dominion Bank 5
*Warburg Dillon Read 7
**IBJ ranked 42
***Sumitomo Bank 29
****MeritaNordbanken ranked 14,Christiana Bank 25, Unibank 54
Best quality proprietary FX websites
Rank Total score
1 – Citigroup 561
2 – Deutsche Bank 408
3 – Goldman Sachs 232
4 – UBS Warburg 215
5 – Dresdner Kleinwort Wasserstein 84
6 – HSBC 74
7 – JP Morgan 73
8 – Chase Manhattan Bank 72
9 – Bank of America 63
10 – Morgan Stanley Dean Witter 42
11 – ABN Amro 42
12 – Standard Chartered Bank 37
13 – State Street Bank & Trust 32
14 – Royal Bank of Scotland 31
15 – Credit Suisse First Boston 28
16 – Barclays Capital 27
17 –

Westdeutsche Landesbank

 23
18 – Bank of New York 22
19 –

Mizuho Group

 17
19 – ANZ Banking Group 17
21 – Royal Bank of Canada 13
21 – Bank of Tokyo-Mitsubishi 13
21 – Commerzbank 13
24 –

Société Générale

 11
25 – Merrill Lynch 10
26 – BSCH 8
27 – SEB 7
27 – Fortis Bank 7
29 – HypoVereinsbank 6
29 – Dankse Bank 6
29 – Westpac Banking Corp 6
32 – BNP Paribas 5
32 – Sanwa Bank 5
32 – ING Barings 5
Best Internet platform for Executive trade
Rank Total score
1 4 Goldman Sachs 181
2 1 Citigroup 161
3 5 Deutsche Bank 154
4 * UBS Warburg 137
5 3 Dresdner Kleinwort Wasserstein 84
6 9 HSBC 32
7 6 State Street Bank & Trust 31
8 12 Barclays Capital 30
9 – Bank of New York 29
10 2 SEB 22
11 13 ABN Amro 21
12 15 Standard Chartered Bank 20
13 23 ANZ Banking Group 15
13 10 Credit Suisse First Boston 15
15 15 Chase Manhattan Bank 10
15 15 Royal Bank of Canada 10
17 – Brown Brothers Harriman 7
17 – Global Link 7
19 7 JP Morgan 6
19 – Merrill Lynch 6
19 – Sumitomo Mitsui Banking Corp (SMBC) 6
*Warburg Dillon Read 23
Best Internet platform for Straight-through processing(STP)
Rank Total score
1 – Citigroup 125
2 – Deutsche Bank 95
3 – Goldman Sachs 89
4 – UBS Warburg 64
5 – Dresdner Kleinwort Wasserstein 37
6 – State Street Bank & Trust 30
7 – HSBC 28
8 – Standard Chartered Bank 16
9 – SEB 15
10 – Barclays Capital 12
11 – Bank of New York 11
12 – Chase Manhattan Bank 11
13 – Credit Suisse First Boston 9
14 – ANZ Banking Group 8
15 – Brown Brothers Harriman 7
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