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 Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

FX Survey 2019: JPMorgan retains its lead; Deutsche Bank is back in business

This year’s Euromoney FX survey results show up some important multi-year trends. The main lesson? Foreign exchange is more competitive than ever.

By Kevin Rodgers


If you like sudden plot twists, you’ll love this year’s Euromoney poll, but if you’re a fan of the continued, slow progression of long-term trends, there’s lots for you, too. 

First off, let’s look at the plot twist. 

It’s a common (and ancient) fictional trope to see a hero, seemingly out for the count, come back from death – or the brink of it. Game of Thrones’ Jon Snow anyone? In case I sound biased for mentioning heroes in the context of an FX poll, it’s also pretty common for the monster in horror films to lurch back to life as well. You can choose between Jon and Friday the 13th’s Jason. 

This year’s poll hero-slash-monster is Deutsche Bank. After many years at number one, the bank had gradually slipped, poll after poll, from second to fifth to eighth last year

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 access 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

£73.75 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?