07.03.2014 - The world’s biggest banks are tightening their hold on the currency market they’re accused of rigging
It’ll take more than a unfolding currency-trading scandal to shake the dominance of the world’s biggest currency dealers. The top five currency-trading banks have actually increased their share of the market during this slow-motion train wreck, according to new research from Greenwich Associates. Those firms—Deutsche Bank, UBS, Citigroup, Barclays and JP Morgan Chase—now hold a commanding 52.9% share, up from the 47.9% they held back in 2011...............................................Full Article: Source
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