HSBC posts strong year for forex
The global markets business line that comprises foreign exchange maintained strong momentum, the bank said. There were significant revenue gains made in foreign exchange, with the rollout of the eFX platform, and derivatives, by developing risk management solutions for clients. These gains reflected the investment made in these areas in the previous year, the bank said. In 2004, the business continued to invest for growth by strengthening infrastructure and systems, upgrading staff capabilities
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