Best in Japan - HSBC

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Spotting a niche, HSBC used its prowess in currency trading to produce two notes that soldwell - the Dual Currency and Triple CurrencyDeposits - while its competitors werecaught up dealing with the fallout from theLehman collapse.

"We had an effective strategy, which was clearly focused on foreign exchange trades," says Gifford Nakajima, senior vice-president and head of product development at HSBC Premier in Tokyo. "Lehman sent shock waves through the market. Suddenly, guarantees on principal

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