Icap strengthens grasp on emerging markets

RZB, the central institution of the Austrian Raiffeisen Banking Group, goes live as an EBS Prime bank today (December 3). Based in Vienna, RZB's main clientele is in central and eastern Europe, in areas such as Kosovo, Bulgaria and Slovenia. It also has an Asian presence, with branches in Singapore and Beijing and representative offices in Zhuhai, Hong Kong, Seoul, Mumbai, Ho Chi Minh City and Tehran.

RZB's treasury offering consists of hedging and trading clients' currency risks. It deals across

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