Currency derivatives house of the year

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Simon Nursey, BNP Paribas

BNP Paribas has faced its fair share of difficulties in its currency business during the past years. But what stands out about the French bank is how it has responded positively to some client issues and, as a result, attracted a surging share of the foreign exchange (forex) business and glowing client references for the past 12 months.

This all dates back to a revamp of the bank’s sales practices as well as its attitude to risk that was first instigated in 2007, following problems linked with c