The scores for this year’s Poll of polls were compiled using league tables and Euromoney surveys from 2005, as outlined below.
Underwriting
* Overall capital raising: market users’ votes for best bank at raising capital
* Bonds: issuers’ votes for best lead manager for top bookrunner in 19 categories; bookrunner league table of international bonds (source: Dealogic Bondware)
* MTNs: borrowers’ votes for EMTN amd US MTN arrangers; EMTN arranger league table (source: Dealogic MTNWare)
* Commercial paper: users’ votes for CP arrangers
* Equities: borrowers’ views on global coordination, IPOs, privatizations, secondary offerings and block trades; global coordinator and bookrunner league tables of international equities (source: Dealogic Equityware)
* Loans:Loan Bookrunner and arranger league tables ((source: Dealogic Loanware)
Trading
* MTNs: borrowers’ nominations for best EMTN and US MTN dealers; EMTN dealer league table (source: Dealogic MTNWare)
* Commercial paper: market users’ views on best ECP dealers
* Foreign exchange: corporate treasurers’ and institutional investors’ votes for the top houses by market share
Transactions processing
* Cash management: corporate treasurers’ nominations for best cash management services allied to global foreign exchange transactions; nominations for best global cash management services overall
* Custodial services: corporate treasurers’ nominations for best global custodian
Internet
* Capital raising: borrowers’ nominations for best website used
* Forex: corporate treasurers and institutional investors rate current capabilities for online execution, research and straight-through processing of forex transactions
Advisory
* FX research: corporate treasurers’ and institutional investors’ nominations for foreign exchange research
* Credit research: investors’ votes for best providers of European credit research
Poll of Polls was compiled using the following Euromoney polls published in 2005: Credit research (April), Foreign exchange (May), Capital raising (September) and Cash management (November).