Smaller banks must focus on strengths
CONFERENCE NEWS
This was the key message from the panel on how banks can compete with leaders – Deutsche Bank, Citigroup and UBS – chaired by Justyn Trenner, chief executive of ClientKnowledge.
Yaacov Heidingsfeld, chief operating officer of TraderTools in New York, said not all institutions run their business in the same way, and must invest in what they do best. "They need to decide what they want to focus on," he said. "For example, if they are particularly strong in a certain currency pair, then they should
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