FIVE YEARS AGO IN FXW

FIVE YEARS AGO IN FXW

Citibank Repositions Itself in NYC

With the nearest competition still leagues behind it, Citibank is shifting gears and re-positioning to enhance its already dominant market presence.

Citi's FX operation is organized on a regional basis, and its new North American structure, in place since January, has managing director Michael deSa at its helm.

FXW, August 2, 1993

Editor's note: Citi continues as the market leader, having recently reported $814 million in its interim FX trading results. But it