Citigroup leads forward FX and options
BEST BANK AWARDS 2006
As in the previous year, the bank has featured strongly among the corporate and investor community having won best bank for currency options and coming top among investors for forward FX.
The results not only reflect Citi's extensive global client base, but also a concerted effort to build up this segment of its business in recent years. In 2003, the bank hired Will McGhee from Deutsche Bank to create a quantitative team mandated to develop Citi's options models. "They're delivering at an
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