FIVE YEARS AGO IN FXW
FIVE YEARS AGO IN FXW
Quotron Sale Will Not Affect FX
The sale by Citicorp to Reuters America of Quotron's market data services will not affect Quotron's foreign exchange transaction business, which serves more than 260 banks and EBS, a consortium of 13 international banks, officials said on January 13.
FXW
, January 17, 1994Editor's note:
Prior to this deal, Quotron, the market data and foreign exchange transaction subsidiary of Citicorp, had racked up annual losses between $50 million and $150 million.The partial sell
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