International Banks Reign In Far East But Citibank Dominates FX Market

- By FX Markets Staff
- @FXMarkets_
- 24 Apr 1995

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In Asia-Pacific, the world's largest international banks dominate the top spots in the best banks category, except in Tokyo, where only one non-Japanese entity, Citibank, is among the top five. Citibank is the only bank to capture spots in the top five in all three Asian centres, coming first in Hong Kong, second in Singapore and fourth in Tokyo.

Singapore has overtaken Hong Kong in volumes traded, sources in the region project, adding that there are very few FX market-makers left in that centre

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