2011 positions in brackets
1(1). Jefferies
2(5). Houlihan Lokey
3(3). Mitsubishi UFJ Securities
4(19). M & G Asset Management
5(4). Baird
6(2). Daiwa Securities
7(21). TD Bank Group / TD Securities
8(17). The Royal Bank of Scotland
9(28). Moelis & Co
10(37). Aberdeen Asset Management
11(22). Cantor Fitzgerld / BGC Partners
12(15). Wells Fargo
13(11). Goldman Sachs
14(43). Bank of Montreal / BMO Capital Markets
15(14). Citi
16(-). VTB Capital
17(10). Standard Chartered
18(9). UBS
19(8). Credit Suisse
20(66). PIMCO
21(7). Barclays
22(30). Nomura
23(16). Morgan Stanley
24(73). Rabobank
25(6). BlackRock
26(23). Macquarie
27(39). BNY Mellon
28(34). Schroders
29(27). BNP Paribas
30(13). JPMorgan / JPMorgan Chase
31(31). Credit Agricole
32(24). Bank of America / Bank of America Merrill Lynch
33(51). Perella Weinberg Partners
34(-). Newedge
35(38). Commerzbank
36(36). Man Group
37(42). Scotia Capital
38(33). Raymond James
39(26). Northern Trust
40(50). Oppenheimer & Co
41(52). Brown Brothers Harriman
42(29). HSBC
43(47). ICAP
44(45). Henderson Group
45(60). Sumitomo Mitsui Banking Corporation
46(40). Societe Generale
47(44). State Street
48(18). Legg Mason
49(79). National Australia Bank
50(12). Royal Bank of Canada / RBC Capital Markets
51(59). Mizuho Financial Group
52(90). Cowen Group
53(62). Charles Schwab
54(46). Threadneedle Investments
55(58). Lazard
56(61). Evercore
57(80). Allen & Co
58(63). Carlyle Group
59(35). AllianceBernstein
60(20). Quilter
61(49). Rothschild
62(56). Julius Baer
63(55). Investec
64(75). Sandler O'Neill & Partners
65(57). KKR
66(64). Deutsche Bank
67(91). Stephens Inc
68(25). Aviva Investors
69(-). Guggenheim Partners
70(53). ING Groep
71(41). Standard Bank
72(83). The Financial Services Authority
73(68). The London Stock Exchange
74(88). Natixis
75(71). Fitch Ratings
76(100). UniCredit
77(-). DBS Bank
78(65). Fidelity
79(67). F & C Management
80(-). ABN AMRO
81(-). CIBC / CIBC World Markets
82(86) KBC Bank
83(-). BBVA
84(72). Friedman, Billings, Ramsey Group
85(74). Edward Jones
86(84). Panmure Gordon
87(92). Meredith Whitney Advisory Group
88(87). Standard & Poor's
89(89). SEB Group
90(77). Susquehanna International Group of Companies
91(-). Renaissance Group / Renaissance Capital
92(81). SAC Capital
93(93). Moody's Investor Services
94(94). WestLB
95(85). JP Turner
96(76). Thomas Weisel Partners
97(96). Lloyds Banking Group
98(82). Paulson & Co
99(98). Piper Jaffray
100(99). Australia New Zealand Banking Corporation
Voting Criteria
- Does your firm strike the right balance between the needs of its stakeholders (employees, shareholders and clients) ?
- Have the right strategy for the organisation to thrive in the post-financial crisis world ?
- Possess line managers who are switched-on, approachable and clued in to the organisational goals of the firm ?
- Is your firm committed to diversity, rigorous and efficient in the way staff are recruited, professional when employees need to be laid-off, and truly interested in the personal career development and general well-being of employees ?
- Does your executive team lead by example ? Are they effective communicators ? Do they inspire you to work harder ?



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