Inside March madness with Citi’s Tuchman
Interview: Trading rooms went virtual, central banks stepped up – but some platforms flopped
The coronavirus has upended life all over our planet – in foreign exchange trading, as elsewhere. Banks have become Amazon-style distributors of computer hardware; usually crowded trading floors lie deserted; home-working salespeople and traders are juggling the 4pm currency fix and the 4.05pm grocery delivery.
It hasn’t been straightforward for anyone, but when you employ around 1,000 front-office staff across more than 70 countries – as is the case for Citi – it becomes a huge logistical
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