ANZ targets UK mid-corporates
NEWS
LONDON -- Australia’s ANZ Investment Bank is making a bid for mid-market corporate FX business in the UK, said an official at the bank.
Craig Dentry, head of strategic marketing for global foreign exchange in Melbourne, said ANZ expects to win new clients in that market by offering better prices and a fuller service in forex than they now get.
"In the UK, this market is predominately controlled by the big clearing banks. We don’t think the UK mid-corporate market is getting the service we could
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