Deutsche takes third place in 2000 ranking with record forex revenues
FRONT PAGE NEWS
FRANKFURT -- Deutsche Bank turned in another impressive year in FX during 2000, reporting a rise in FX trading revenues of 34% year-on-year in euro terms.
Global head of FX, Hal Herron, who is based in London, told FX Week a change in the bank's approach to FX has been the driving force behind consistently higher earnings.
"Over the last five years, our FX operation has changed from being dominated by trading to shifting to a client-driven business. This has been key to our improvements," he said
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