Citibank Private Bank Takes Forex To New Entrepreneurs


LONDON--The advent of the internet has not only changed the way banks do business, it has also changed the profile of their wealthiest clients, according to Citibank Private Bank. As more private clients make their fortunes in e-commerce, the bank is offering them foreign exchange products previously tailored to corporate and institutional investors.

The traditional private banking client with simple needs is a thing of the past--the emphasis has gone from handling an inheritance to playing t