Against the flow Every investment bank has spent huge investment dollars on FX since 2008. Now a shake out seems to be occurring. Banks with scale and budget are winning more share, but there are decent returns to be had for institutions of all sizes if they are focused
Flow monsters’ footprint deepens The top five FX banks have increased their share of total market volume to 55%, and the top 10 banks now account for 78.5%. Citi has made the biggest strides in the top five, rising two places to second and closing in on Deutsche Bank’s long-established top spot
Citi homes in on Deutsche Citi remains the FX bank with the most wind in its sails and is now breathing down the neck of top-placed Deutsche Bank
