| Headline: Deutsche Bank and Citigroup on top Source: Euromoney Date: January 2002 Author: Andrew Newby Citibank/SSSB and Deutsche are neck and neck in our annual poll of polls compilation of survey results. Deutsche tops the underwriting table again and jumps ahead of both Goldman and Citibank/SSSB to win the advisory section. Citibank/SSSB wins our new internet and transactions processing tables and beats Deutsche into second place in the trading section. Goldman scores strongly in all categories save transactions processing, and JPMorgan Chase is in the top four in all categories except underwriting. This year’s compilation of results reflects changes in the structure of Euromoney’s surveys over the past 18 months. Gone are the bond trading and brokers’ surveys, in comes a new section, transaction processing, covering cash management and custodial services. Brown Brothers Harriman, Mellon Financial Corporation and Northern Trust climb in the overall rankings as a result of their prowess in these markets and HSBC also benefits. State Street rises to 15th position overall because of its custodial capability plus an 8th place in May’s foreign exchange survey. E-commerce related questions have become a consistent theme of Euromoney’s questionnaires and another new section has been added to reflect this. |