Hutton Causes A Stir At FX Week/Infinity Best Banks In FX Awards

EVENTS

LONDON--Citibank may have dominated the FX Week/Infinity Best Banks in FX awards last week by winning nine categories, but it was Will Hutton, editor of the Observer newspaper, who stole the show this year.

In a provocative after-dinner speech at the prize-giving ceremony at Glaziers' Hall in London last Thursday, Hutton argued that the FX market was gradually developing into a tri-polar system between the yen, the euro and the dollar, and foresaw the gradual emergence of a global regulatory