In the three years since Ivan Ritossa moved to Singapore, assuming the role of head of rates, Asia-Pacific, in addition to that of global head of foreign exchange, Barclays share of the FX market has continued to increase.
The past year has been no different, as the results of Euromoneys FX survey show. Barclays is now hot on the heels of second-placed UBS, with a market share that passes the 11% threshold for the first time. Five years ago, Barclays had just broken into the top-five overall banks, with a market share of just 5.8%.
Alongside this impressive performance there has been an increase in the markets perception of the quality of the banks staff....