FX Markets

Advice is key for banks

NEWS

This message was given by Adam Burke, managing director of currencies and commodities at JP Morgan Chase, during the final panel discussion of the ACI Congress in Stockholm on May 28.

Burke said banks must look at the whole FX proposition because declining spreads will cause problems in the long term. “It is difficult. Banks need to provide added value to their clients. If you can’t do it through executing [you need to] do it from an advisory service. We need our top salesmen to advise clients

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