BfG, SEB's German bank with one million private customers, has been ranked third in Germany regarding the reliability of analyses of company earnings and their share performance on the German stock market during the fourth quarter of 2000.
BfG, which is changing its name to SEB this spring, was ranked third after Delbrück & Co and Hypovereinsbank in a survey conducted by the London-based QA analysis institute. A total of 25 banks and financial institutions were covered in the survey.
BfG placed higher than, for example, ABN Amro, MM Warburg, Lehman Brothers CSFB and Morgan Stanley.
This is the third survey conducted by QA, which, among other aspects, investigates the accuracy of the banks' forecasts of the earnings of exchange-listed companies and of the analyses of the companies' share performance.