Banks hire for Euro corporates

Growing risk aversion among this client sector is also boosting demand for structured products, and banks are staffing up accordingly, officials told FX Week.

"Corporations are taking a strategic approach towards their financial currency risk exposures," said Ligia Torres, global head of FX sales at BNP Paribas in London. "This, linked to the euro trend against the main currencies and the perspective of new accounting regulations, created new and interesting FX business opportunities for the