Interview with ex-AIG lynchpin on FX prime brokerage
The push for central clearing threatens to encroach prime brokers' business, traditional providers of centralized clearing services in foreign exchange. Adaptation is the key to survival in prime brokerage in the face of impending clearing regulation, says Nathaniel Litwak, BNP Paribas' head of marketing for FX prime brokerage for North America. Speaking at the annual FX Week USA congress in New York, Litwak outlines the key factors for remaining competitive in the prime brokerage world
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