In a move underlining the consolidation wave engulfing the Forex industry, retail Forex giant FXCM is acquiring the bigger part of margin FX accounts of CitiFX Pro.
Read moreCitigroup Inc is exiting retail banking businesses in a number of countries, focusing more on institutional clients.
Read moreLondon based Citi exec Richard Bibbey will become the head of global spot FX trading, a new position at Citi. Citigroup (NYSE:C) is continuing the shakeup in its FX trading operation. Reuters and the Wall Street Journal each claim to have seen an internal Citi memo detailing the changes at Citi, which include the merging of…
Read moreMSN Trader service disbanded after just one year.
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