The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Credit Research Poll 1998: Pioneers in their field

Banks are building up their European credit research in the run up to Emu. Teams are being bolstered and specialists hired. But who is getting it right? The first ever poll of European credit research gives investors the chance to decide. SBC Warburg, Merrill Lynch and JP Morgan all did well, writes Brian Caplen. The poll was conducted by Rebecca Dobson.

Credit Research Poll 1998: Results

Credit Research Poll 1998: Methodology

SBC Warburg Dillon Read came first overall in Euromoney's trail-blazing European credit-research poll but Merrill Lynch swept the board in individual categories, coming top in 11 out of 13 tables. Other banks that performed well were JP Morgan, which came second, and Deutsche Bank, which came fourth.

The fact that SBC Warburg Dillon Read won the overall poll and Merrill Lynch triumphed in individual sections is explained by the houses' different approaches. SBC takes a global approach to credit research, not identifying with any particular sector and sending its main research product, Credit Advisor containing analysis of North America, Europe and Asia, to a geographical spread of investors.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of acces below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£68.33 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree