News
RBS sees currencies business decline
LONDON - The Royal Bank of Scotland reported a 66% fall in income from the currencies business, to £141 million in the third quarter of this year, versus the same quarter in 2008.
Adaptability key to BarCap structured products win
Barclays Capital has come top of the class for foreign exchange structured products. Having finished third last year, the bank clinched top spot by reacting quickly to changing client requirements, according to Andy Kaufmann, its London-based head of FX…
HSBC's risk focus pays off in forex forwards
HSBC retains its edge as the best bank for foreign exchange forwards as improved pricing and risk management ensured the bank was able to continue delivering liquidity during the credit crisis.
Trèny joins Credit Suisse
LONDON - Stéphane Trèny is set to join Credit Suisse later this month to head the Swiss dealer's foreign exchange corporate sales team for southern Europe, according to market sources.
Sharp dollar carry trade unwind ruled out
A rise in dollar interest rates is unlikely to lead to a frantic scramble to close out short dollar positions, according to analysts polled by FX Week .