Country results: still room for niche players
| Rank | Firm | % | |
| 1997 | 1996 | ||
| Automobiles & Auto Parts | |||
| 1 | 2 | JP Morgan (Nick Snee) | 24.3 |
| 2 | 5 | Merrill Lynch (Stephen Reitman & team) | 22.6 |
| 3 | 1 | Goldman Sachs (Keith Hayes & team) | 15.5 |
| 4 | - | Lehman Brothers (Christopher Will) | 6.5 |
| 5 | - | Credit Suisse First Boston (Susanne Oliver) | 5.5 |
| Banking & financials | |||
| 1 | 2 | Fox-Pitt, Kelton (Christopher Williams & team) | 24.3 |
| 2 | - | Goldman Sachs (Susan Leadem & team) | 23 |
| 3 | - | Morgan Stanley (Alan Broughton) | 17.9 |
| 4 | 1 | SBC Warburg (Gabriel Benson & team) | 9.4 |
| 5 | 5= | UBS (John Aitken & Stephen Lewis) | 5.2 |
| Chemicals | |||
| 1 | 1 | Goldman Sachs (Charles Brown & team) | 39.3 |