Risk management poll – foreign exchange

Short-term (< 2 years) OTC currency swaps $/eur Ranking 2003 Ranking 2002 Total score 1 2 Deutsche Bank 37 2 24= ABN Amro 35 3 1 Citigroup 32 4 3 JP Morgan Chase 30 5 8= HSBC 29 6 7 UBS 27 7 10= Société Générale 23 8 — BNP Paribas 15 9= 14 Credit […]

Short-term (< 2 years) OTC currency swaps
$/eur
Ranking 2003 Ranking 2002 Total score
1 2 Deutsche Bank 37
2 24= ABN Amro 35
3 1 Citigroup 32
4 3 JP Morgan Chase 30
5 8= HSBC 29
6 7 UBS 27
7 10= Société Générale 23
8 — BNP Paribas 15
9= 14 Credit Suisse First Boston 13
9= 10= Goldman Sachs 13
11 5 Barclays Capital 12
12= 10= Bank of America 10
12= — Dresdner Kleinwort Wasserstein 10
14 10= Crédit Agricole Indosuez 9
15= 8= RBS 8
15= — Westpac Banking Corporation 8
17= — ANZ Bank 7
17= 15= Commerzbank 7
19= — Merrill Lynch 6
19= — Rabobank 6
21 18= WestLB 5
$/yen
Ranking 2003 Ranking 2002 Total score
1 1 Citigroup 32
2 9 HSBC 22
3 2 JP Morgan Chase 19
4 — Bank of America 11
5 — Fortis Bank 9
6= 10= ABN Amro 8
6= 3 Deutsche Bank 8
6= — RBS 8
9 17= Credit Suisse First Boston 7
10 4= UBS 6
$/stg
Ranking 2003 Ranking 2002 Total score
1 2 Barclays Capital 28
2= 5= Citigroup 26
2= 5= HSBC 26
4 8= RBS 22
5 3 Deutsche Bank 15
6 — ABN Amro 9
7 4 UBS 7
8 1 JP Morgan Chase 5
Long-dated (> 2 years) cross-currency swaps
$/eur
Ranking 2003 Ranking 2002 Total score
1 4 JP Morgan Chase 32
2 5= Deutsche Bank 24
3 2 UBS 19
4 8 HSBC 16
5 5= ABN Amro 14
6= 1 Citigroup 11
6= 13= RBS 11
6= 12 Société Générale 11
9= 18= Bank of America 10
9= 18= Crédit Agricole Indosuez 10
9= — Rabobank 10
12 3 BNP Paribas 9
13 22= Credit Suisse First Boston 8
14= 9 Barclays Capital 7
14= 10= Goldman Sachs 7
16= — HVB Group 6
16= 22= ING Group 6
$/yen
Ranking 2003 Ranking 2002 Total score
1 1 JP Morgan Chase 22
2 7= HSBC 16
3 3 Citigroup 13
4= — Rabobank 8
4= — RBS 8
6 11= Bank of America 7
7 6 Deutsche Bank 5
$/Stg
Ranking 2003 Ranking 2002 Total score
1= 1 Barclays Capital 22
1= 4= RBS 22
3 — HSBC 18
4= 2= Citigroup 12
4= 2= JP Morgan Chase 12
Exotic options
$/eur
Ranking 2003 Ranking 2002 Total score
1= 1 Citigroup 18
1= 3 JP Morgan Chase 18
3 2 Deutsche Bank 17
4 9= UBS 16
5 — Dresdner Kleinwort Wasserstein 12
6= 7= Bank of America 11
6= — RBS 11
8 9= ABN Amro 9
9 9= Morgan Stanley 8
10 — BNP Paribas 7
$/Yen
Ranking 2003 Ranking 2002 Total score
1 2 JP Morgan Chase 24
2 1 Citigroup 13
3= 12= HSBC 12
3= — RBS 12
5= — BNP Paribas 7
5= — Standard Chartered Bank 7
5= — UBS 7
8 — Dresdner Kleinwort Wasserstein 6
9 8= Deutsche Bank 5
$/Stg
Ranking 2003 Ranking 2002 Total score
1 — RBS 20
2 — Citigroup 14
3 2 JP Morgan Chase 9
4= — ABN Amro 6
4= — Dresdner Kleinwort Wasserstein 6
4= — HSBC 6