Watch out Citigroup

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UBS marches up the ranking in FX Week’s biggest ever survey

The global forex industry has once again voted Citigroup the number-one forex provider, in FX Week’s seventh annual survey of the industry, published today (Monday, December 3).

But this year’s survey, with more than 900 completed questionnaires and an overwhelming response from the buy side, puts UBS Warburg -- last year in fifth place -- right behind the US giant, leapfrogging JP Morgan, Deutsche Bank and HSBC. The Swiss bank, part of