FX Week

Corporate FX Costs Hit By Consolidation


LONDON--Consolidation in the banking world is adding to the rising hedging costs of corporate players trading sterling/euro, according to a senior figure at Mars, the international food business. But traders deny this is down to any collusion on pricing --it’s just an increasingly illiquid market, they say.

John Dehnel, European currency centre director for treasury operations at Mars, says the removal of another sterling/euro player from the market with the merger of Royal Bank of Scotland a

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: