Citigroup tops Euromoney FX poll after 12-year gap

Citigroup has snatched back its position as the world's biggest currencies-dealing bank from Deutsche Bank after a 12-year hiatus

Citigroup has snatched back its position as the world's biggest currencies-dealing bank after a 12-year hiatus, taking the crown from Deutsche Bank, according to a closely followed industry survey.

The win is bittersweet; Citi regains the coveted market-leading position it once held for more than two decades, but it comes in a year when dozens of traders from banks across the market, including Citi, have been suspended or fired amid a sprawling probe into trading practices.

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