Citi's London FX Trading Unit Topped N.Y. In 1990 London Posts FX Revenue Of $250M, N.Y. $95M?
BANKS
According to a number of traders at Citibank in New York and London, Citibank's London foreign exchange trading operation significantly outperformed its head-office last year. The news has already kicked up tempers on this side of the Atlantic and could be a factor in bonus assignments in New York this year, traders here say.
"There are two main priorities at Citibank," says a spot trader at the New York operation, "the first [priority] is to be number one in the Greenwich Research survey and the
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