Maillot jeune for Saxo

Readers will no doubt have grasped that if you want almost guaranteed coverage in the weeklyFiX, send me news with a cycling theme.

I hear one French bank is seriously considering rolling out a line of structured FX products with names such as bidon, echelon and contre-le-montre for precisely that reason. Who knows, we may even get one called dopage offering superior performance.

Anyway, Saxo’s bold move to sponsor a cycling team is really paying off. On Sunday, one of team CSC-Saxo’s riders, Luxembourger Frank Schleck, moved into the overall lead of the Tour de France, earning him the honour of the coveted yellow jersey.

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