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State Street's FX business thrives despite competition from global banks

"Our pool of clients in APAC has grown by 25 per cent over the past five years, and we have also continued to diversify into other non- traditional institutional client segments, such as insurance companies and security houses." - Mr Quek


STATE Street Global Markets has a thriving foreign exchange business in Asia, competing head-on with the major banks.

Better known as one of the world's largest fund houses, Boston-based State Street is also a serious foreign exchange (FX)...

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