FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, February 1, 1991

Citi London tops Citi New York in FX earnings

Citibank's London foreign exchange trading operation significantly outperformed its head office last year [1990], according to a number of traders at Citi in New York and London. The news has already kicked up tempers on this side of the Atlantic [New York] and could be a factor in bonus assignments this year, traders say.

U.S. and Canadian multilateral netting banks

The U.S. and Canadian banks which have been working to set up

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