Poll of Polls: Overall results
The 1996 poll of polls, drawn from league tables and majorEuromoney polls last year, shows that Deutsche Morgan Grenfell's aggressive strategy over the past 12 months has paid off. It has risen to sixth place this year, regaining ground lost in 1995 when it fell from eighth spot to 12. Deutsche Morgan Grenfell has excelled at underwriting, although it also features in thetop 10 for trading and the top 20 for advising: borrowers voted the bank eighth at overall capital raising and fifth at lead-managing Eurobond issues (fourth according to the bank's peers) in Euromoney's global financing guide inSeptember. Chase's emergence as one of the strongest banks comes as no surprise. At 10, the bank is the highest climber in the overall poll; in 1995, Chase Manhattan was ranked at 17 and Chemical at 19. The combined expertise of both houses ensures that the new bank makes its mark at both underwriting and trading, scoring 74.46 for foreign exchange alone, just behind Citicorp at 75. It also maintains its position as the sixth-best advisory institution.