Banks have huge opportunity to capitalise on balance sheets

Several banks have started to push into the currency management and overlay space to challenge incumbents

Andrew Woolmer: "The opportunity for banks right now is remarkable"

Banks have a significant opportunity to promote their balance sheets, and challenge incumbents in the currency management and overlay space, with several dealers already seeking to capitalise on their competitive advantage relative to asset managers, says Andrew Woolmer, chief executive of New Change FX.

"I see an insurgency of banks into the currency management/overlay space. I think it might be the case that banks are looking at the incoming collateral rules and realising they might have a

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