Chase Challenges Citi For Number One Slot In Forex
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NEW YORK--Citigroup’s position as the world’s leading FX bank in terms of currency trading revenues is clearly being challenged by Chase Manhattan, a challenge that will become stronger as Chase completes its merger with investment bank JP Morgan.
That’s the opinion of currency market analysts reviewing this year’s third-quarter earnings’ results of US banks.
These showed Chase -- which was second to Citigroup among US banks and fourth among all banks in the FX Week currency revenue rankings for
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