US bank Citi has once again been voted the most impressive pan-regional service provider for both credit and interest rates in Asiamoney’s second annual Fixed Income Poll. However the bank has slipped to second place for its commodities coverage, with BNP Paribas taking the top spot.
This year’s survey was based upon 1,639 valid responses, more than double the total that we received in 2011. These individual responses led to a total of 2,173 valid votes being cast across the three asset classes incorporated in the poll.
Local and international investors and financial managers from corporates and government-linked agencies were invited to participate in the poll, which assesses the best fixed income providers in the Asia-Pacific region.
According to their votes, HSBC retains its second-placed ranking in credit and comes third for interest rates, while J.P. Morgan climbs to third in credit ahead of Deutsche Bank. Standard Chartered has risen to second place in interest rates at the expense of BNP Paribas, which falls out of the top three. The French bank has compensated for this with its strong performance in commodities. Singapore-based OCBC makes a surprise move to third place in the commodities category.
| Rank |
Overall Best Regional in Asia - Credit |
| 1 |
Citi |
| 2 |
HSBC |
| 3 |
J.P Morgan |
| Rank |
Overall Best Regional Banks in Asia - Interest Rates |
| 1 |
Citi |
| 2 |
Standard Chartered |
| 3 |
HSBC |
| Rank |
Overall Best Regional Banks in Asia - Commodities |
| 1 |
BNP Paribas |
| 2 |
Citi |
| 3 |
OCBC |
Further details of the best-ranked fixed income providers will be featured in the October edition of Asiamoney, and extended rankings will be made available online at www.asiamoney.com.
For more details about the full and bespoke analytical results, please contact Anthony Chan, Asiamoney’s on (852) 2912 8077 or anthony.chan@asiamoney.com