Citi tops Asiamoney FX survey again
Citi held off the competition for the second year running to top Asiamoney’s 2012 survey of FX trading banks in Asia that provide access and services to the currencies markets.
Asiamoney is a sister publication of EuromoneyFXNews. Its FX survey of client-service ratings of banks is a qualitative survey that is not based on market volumes. In the 2012 survey, Citi was ranked top by financial institution clients as best provider of overall FX services, holding on to the position after usurping HSBC for the number-one spot in 2011.
Citi was also ranked number one as best overall FX services provider by corporate clients.
Global bank Standard Chartered was voted best domestic provider of FX services in Hong Kong by financial institutions. In other countries, domestic banks scooped the award for best FX services provider, according to the survey.
In the survey of corporate clients, HSBC was ranked best domestic provider of FX services in Hong Kong. Elsewhere, domestic banks topped the rankings in the eyes of corporates surveyed.
Citi also dominated the rankings for best overall FX research analyst and best overall FX sales individual.
Citi FX analysts Rohini Malkani, Helmi Arman and Cheng-Mount Cheng took the first, second and fifth spots, respectively, in the client rankings of FX research analysts in Asia. Crédit Agricole’s Frances Cheung and Mitul Kotecha also made the list.
And in individual FX sales in Asia, Citi’s Sunil Manmohan beat ANZ’s Dat-Long Li to claim the number-one position, with Li ranked second.
Citi’s Asian FX sales team members Jason Yu, Pamella Hartono and Ga-Hyeon Kim were also rated well.
Hartono left Citi in August, where she was based in the bank's Jakarta office, to join JPMorgan’s fixed income sales team. She remains based in Jakarta.