HSBC top for FX in China
The annual survey of foreign banks in China by PricewaterhouseCoopers (PwC) showed an improved performance by the UK bank, which moved ahead of US rival Citi this year. Meanwhile, Standard Chartered retained its position as the third-best bank in these products in China, while Deutsche Bank remained at fourth.
UBS and Bank of Montreal, however, moved up to fifth and sixth place respectively, while RBS/ABN Amro fell to joint seventh with JP Morgan.
The survey found that almost 60% of 36 banks
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