Deutsche Bank Wins Risk 's Currency Derivatives House Of The Year

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The following article appeared in the January edition of Risk magazine, a sister publication of FX Week, and was part of an awards special

The foreign exchange business has enjoyed a renaissance. At many large banks, the desk had become a dull utility serving more exciting businesses. But the creation of Europe's single currency has forced major companies to reassess the need for currency hedging.

Take C&N Touristic, for example. The German travel company agreed to buy the UK agency Thomas Cook

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