FX CIOs: 'Lehman II' and capital controls biggest risks to FX

ZURICH – A ‘Lehman Brothers II' shock and the global spread of capital controls are the key risks facing foreign exchange traders, warned chief investment officers at FX Invest Europe in Zurich last Tuesday (March 9).

Bob Noyen, chief investment officer at London-based Record Currency Management, said the search for liquidity remains a major issue across all markets. "We are in a situation where governments have basically hived off debt obligations from the private sector onto the public sector

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