LatAm win for global banks
"Our brand is clearly strongly associated with emerging markets, and so effectively that is something clients expect us to be good at," said Adrian Boehler, head of FX and commercial sales for Europe, the Middle East and Africa at HSBC in London. "We bring an expertise from all around the world, connecting a large group of people and products across geographies."
The region provided challenging conditions for dealers. Many corporate clients took big hits on FX hedges that bet on an appreciation
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