UK banks plan for euro

FRONT PAGE NEWS

LONDON -- UK banks are looking to trade more derivatives and emerging market currencies, with more European clients, ahead of potential UK entry into the eurozone.

These banks are set to lose an estimated 15% of their forex businesses through the loss of sterling trading, and are closely examining ways of diversifying business lines as the prospect of the UK joining the euro becomes more likely.

Kevin Moore, managing director and head of foreign exchange trading at Barclays Capital in London

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: