HONGKONG Bank has rocketed to third place from 10th in a survey on the way banks view foreign exchange providers in the region. The report, in Asiamoney magazine, put Citibank first with 339.08 points. UBS was next with 295.74 points, and was followed by Hongkong Bank with 289.23 points. Votes were weighted and could be worth between one and three points. In a poll of regional corporates, Hongkong Bank achieved 148 points and 54 mentions to win first place, Asiamoney said. Standard Chartered Bank came second with 54 points and 26 mentions, and Citibank was third with 21 and 10, respectively. The poll received 252 responses to its questionnaires from bankers, and 228 from corporate treasurers. Stuart Gulliver, HSBC Markets' head of treasury and capital markets, said the bank had recruited market-making dealers to promote better monitoring of flows. Previously, the bank had focused on providing a service to its middle-market clients, he said. 'One problem with that is that markets are moved by investment banks and non-bank financial institutions,' Mr Gulliver said. 'We didn't have very good information because we weren't on top of the flows.' It was difficult explaining to middle-market customers why the US dollar had fallen when the bank was not out there among the cut and thrust, he said. Hongkong Bank needed to be making a market in Group of Seven and Asian currencies, he added.