2005: a positive year for forex

Of course there was the usual turnover of staff and some, like Citi, made the decision to cut back their regional desks and take a more centralised approach (see page 7). However, overall banks and portals have managed to increase profits without making cuts and there are encouraging noises coming that they are looking to hire more next year.

However, it was not plain sailing for all. The NAB saga rumbled on with a key player sentenced to a lengthy spell in prison (see pages 4 and 7). And just as

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