FX Survey 2020: Global Best Service

Global Customer Satisfaction: Service Categories

 EuromoneyForeignExchange-2020
© 2020 Euromoney
Results Index

Global Customer Satisfaction: Service Categories 

  • Overall

  • Algorithmic Trading Execution

  • Research

  • Salesforce

  • Service

  • Ability in EM Currencies

Global Customer Satisfaction: Client Types

Banks

  • Overall

  • Research

  • Salesforce

  • Service

  • Ability in EM Currencies

Non-Financial Corporations

  • Overall

  • Client Algorithmic Trading Execution

  • Research

  • Salesforce

  • Service

  • Ability in EM Currencies

Leveraged Funds

  • Overall

  • Research

  • Salesforce

  • Service

  • Ability in EM Currencies

Real Money

  • Overall

  • Research

  • Salesforce

  • Service

  • Ability in EM Currencies

Global – Overall CSAT – All client segments
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 State Street 44.1%
2 5 Bank of New York Mellon 42.9%
3 1 XTX Markets 39.2%
4 3 Bank of America 35.7%
5 21 Deutsche Bank 34.7%
6 6 JPMorgan 34.4%
7 20 RBC Capital Markets 34.1%
8 7 Citi 33.0%
9 13 UBS 31.9%
10 16 HSBC 31.8%
11 9 Goldman Sachs 27.8%
12 4 Standard Chartered 27.8%
13 18 Morgan Stanley 26.4%
14 8 Barclays 24.9%
15 15 Credit Agricole 23.6%
16 17 Credit Suisse 21.7%
17 19 Commerzbank 21.5%
18 11 BNP Paribas 19.3%
19 23 MUFG 17.8%
20 10 Societe Generale 15.9%
Global – Client Algorithmic Trading Execution
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 Morgan Stanley 35.7%
2 JPMorgan 30.2%
3 Bank of New York Mellon 30.0%
4 Deutsche Bank 29.8%
5 State Street 29.4%
6 Bank of America 27.1%
7 Goldman Sachs 26.0%
8 UBS 25.9%
9 Citi 24.7%
10 HSBC 24.6%
Global – Research
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 6 Bank of New York Mellon 45.6%
2 2 State Street 38.0%
3 1 Bank of America 36.3%
4 14 RBC Capital Markets 34.7%
5 7 Citi 34.6%
6 5 JPMorgan 34.2%
7 16 Morgan Stanley 31.7%
8 3 Commerzbank 30.3%
9 18 HSBC 30.2%
10 17 Credit Agricole 30.1%
Global – Salesforce
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 Bank of New York Mellon 55.5%
2 3 State Street 55.4%
3 1 XTX Markets 43.8%
4 5 Bank of America 41.2%
5 14 RBC Capital Markets 39.1%
6 12 HSBC 37.7%
7 6 JPMorgan 37.3%
8 4 Standard Chartered 36.8%
9 19 Deutsche Bank 35.7%
10 15 UBS 35.7%
Global – Service
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 State Street 47.5%
2 1 XTX Markets 44.9%
3 5 Bank of New York Mellon 39.7%
4 17 Deutsche Bank 37.3%
5 21 RBC Capital Markets 36.0%
6 6 JPMorgan 35.6%
7 4 Bank of America 35.6%
8 13 UBS 33.9%
9 7 Citi 32.3%
10 15 HSBC 30.3%
Global – Ability in EM Currencies
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 Citi 38.7%
2 Bank of New York Mellon 37.7%
3 HSBC 33.7%
4 XTX Markets 33.3%
5 Bank of America 32.2%
6 Deutsche Bank 31.9%
7 State Street 31.6%
8 JPMorgan 28.5%
9 Standard Chartered 27.9%
10 UBS 25.7%
Global – Overall – Banks
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 8 UBS 32.7%
2 2 Commerzbank 32.7%
3 1 Bank of America 32.2%
4 4 JPMorgan 31.0%
5 13 Deutsche Bank 27.2%
6 14 HSBC 26.4%
7 5 Citi 25.3%
8 7 Goldman Sachs 23.9%
9 3 Standard Chartered 18.4%
10 9 BNP Paribas 16.1%
Global – Research – Banks
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 3 JPMorgan 35.2%
2 8 Citi 32.9%
3 6 UBS 29.1%
4 13 Deutsche Bank 17.1%
Global – Salesforce – Banks
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 9 UBS 41.9%
2 4 JPMorgan 36.9%
3 2 Bank of America
35.5%
4 5 Commerzbank 34.6%
5 6 Goldman Sachs 26.6%
6 11 HSBC 25.3%
7 12 Deutsche Bank 22.1%
8 14 Barclays 16.7%
9 8 BNP Paribas 16.5%
10 7 Citi 16.0%
Global – Service – Banks
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 5 Commerzbank 31.8%
2 12 Deutsche Bank 31.6%
3 9 UBS 30.6%
4 4 JPMorgan 29.8%
5 1 Bank of America 28.2%
6 14 HSBC 25.8%
7 2 Citi 25.5%
8 8 Goldman Sachs 22.6%
9 7 BNP Paribas 19.7%
10 10 Barclays 12.0%
Global – Ability in EM currencies – Banks
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 Deutsche Bank 36.4%
2 Bank of America 35.0%
3 UBS 30.5%
4 BNP Paribas 30.0%
5 JPMorgan 24.4%
Global – Overall – Non-financial corporations
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 Bank of America 38.9%
2 8 JPMorgan 38.0%
3 10 UniCredit 35.0%
4 6 Citi 31.8%
5 7 HSBC 31.2%
6 11 Deutsche Bank 30.4%
7 5 Barclays 30.0%
8 1 Standard Chartered 29.6%
9 3 Societe Generale 20.9%
10 4 BNP Paribas 20.9%
Global – Client Algorithmic Trading Execution – Non-financial corporations
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 HSBC 23.8%
2 Bank of America 22.2%
3 UniCredit 21.0%
4 BNP Paribas 18.2%
5 Citi 15.1%
Global – Research – Non-financial corporations
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 9 JPMorgan 36.2%
2 1 Bank of America 35.2%
3 10 Deutsche Bank 31.5%
4 11 UniCredit 30.5%
5 8 Barclays 29.8%
6 4 HSBC 28.9%
7 5 Citi 26.7%
8 Commerzbank 23.8%
9 2 Standard Chartered 22.7%
10 7 Credit Agricole 16.2%
Global – Salesforce – Non-financial corporations
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 Bank of America 46.6%
2 10 UniCredit 44.9%
3 8 JPMorgan 38.8%
4 1 Standard Chartered 38.8%
5 5 HSBC 36.3%
6 3 Citi 34.9%
7 7 Barclays 32.1%
8 11 Deutsche Bank 31.7%
9 6 BNP Paribas 27.5%
10 9 Societe Generale 24.5%
Global – Service – Non-financial corporations
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 9 JPMorgan 41.9%
2 2 Bank of America 40.9%
3 11 UniCredit 34.8%
4 6 Citi 32.6%
5 10 Deutsche Bank 31.6%
6 4 Barclays 31.4%
7 7 HSBC 30.7%
8 1 Standard Chartered 28.8%
9 3 Societe Generale 23.1%
10 12 ING Group 22.8%
Global – Ability in EM Currencies – Non-financial corporations
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 Citi 39.9%
2 JPMorgan 36.4%
3 UniCredit 35.8%
4 Bank of America 34.4%
5 Standard Chartered 32.3%
6 HSBC 31.7%
7 Deutsche Bank 26.3%
8 Barclays 25.8%
9 Societe Generale 22.2%
10 ING Group 21.2%
Global – Overall – Leveraged Funds
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 7 Deutsche Bank 66.2%
2 10 UBS 52.2%
3 11 Bank of America 50.2%
4 2 JPMorgan 49.8%
5 Bank of New York Mellon 47.5%
6 4 HSBC 46.6%
7 1 State Street 45.7%
8 6 Citi 45.7%
9 12 Morgan Stanley 33.3%
10 3 Goldman Sachs 33.1%
Global – Research – Leveraged Funds
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 5 Deutsche Bank 64.0%
2 Bank of America 53.1%
3 1 State Street 43.8%
4 3 Bank of New York Mellon 36.4%
Global – Salesforce – Leveraged Funds
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 1 State Street 58.8%
2 9 Deutsche Bank 55.6%
3 2 JPMorgan 54.7%
4 6 UBS 50.0%
5 8 Bank of America 48.3%
6 12 Citi 46.4%
7 7 Goldman Sachs 44.7%
8 11 Barclays 44.4%
9 10 Morgan Stanley 36.4%
10 14 BNP Paribas 21.4%
Global – Service – Leveraged Funds
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 8 Deutsche Bank 74.7%
2 11 UBS 56.5%
3 Bank of America 53.6%
4 1 State Street 50.6%
5 2 JPMorgan 50.5%
6 4 Bank of New York Mellon 49.5%
7 5 Citi 46.2%
8 7 HSBC 41.4%
9 10 Barclays 36.2%
10 3 Goldman Sachs 29.6%
Global – Ability in EM currencies – Leveraged Funds
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 Bank of New York Mellon 66.7%
2 Bank of America 61.3%
3 Deutsche Bank 55.6%
4 State Street 28.6%
Global – Overall – Real Money
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 1 State Street 50.6%
2 3 Bank of New York Mellon 41.4%
3 5 Citi 35.6%
4 7 HSBC 33.1%
5 6 Goldman Sachs 29.3%
Global – Research – Real Money
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 State Street 40.4%
Global – Salesforce – Real Money
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 2 State Street 64.1%
2 1 Bank of New York Mellon 60.4%
3 6 HSBC 44.9%
4 4 Citi 31.0%
5 5 JPMorgan 26.7%
Global – Service – Real Money
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 1 State Street 54.3%
2 3 Bank of New York Mellon 36.7%
3 6 Citi 30.4%
4 7 HSBC 28.6%
5 4 JPMorgan 20.9%
Global – Ability in EM currencies – Real Money
Rank 2020 Rank 2019 Counterparty CSAT Score 2020
1 State Street 39.2%
2 Bank of New York Mellon 31.6%