Citigroup plays catch-up
PROFILE
Citigroup's failure to get in early in the forex technology arms race put it behind more tech-savvy competitors.
But a change in strategy, followed by heavy investment in technology, seems to be signalling a new era for the US banking giant, as shown by its resurgence in the FX Week Best Bank Awards announced last week.
A key contributor to its revival in the forex space has been a significant push on electronic dealing. Over the past couple of years the bank has been seen to be quoting extremely
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