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Foreign exchange

What a difference a year makes

The foreign exchange business was a clear outlier in what has been a historic year for global financial markets. But no single entity experienced as significant a reversal of fortunes as a result of the market turbulence this year as settlement system…

JP Morgan slashes jobs in SIDM

LONDON - JP Morgan is downsizing its structured investments distributor marketing (SIDM) division by as much as 50%, according to market sources.

All change for Citi's structured products team

LONDON - Citi has announced a host of changes to its structured products business, including the appointment of Jean-Luc Bernardi as head of structuring for Europe, the Middle East and Asia (EMEA).

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