Fixed income research poll 2007: Ups and downs in 2007

With the exception of JPMorgan, US banks have now lost their position of dominance in credit research. At the bottom of the last credit cycle, US banks swept the board in Euromoney’s credit research polls. Since then, however, it is their European counterparts that have proved themselves more useful to their clients. Société Générale, with wins in investment grade and overall trade ideas, as well as a host of first places in sub-categories including investment-grade credit strategy, is the big upward mover in this year’s poll. Last year, the French bank placed fifth in overall investment grade, and failed to win a single category.