A seasonal evening

June saw an impressive turnout at the Four Seasons hotel in Hong Kong to celebrate the winners of our end-user survey

1. Asia Risk editor Jill Wong presents Frederic Truchot of Calyon with the award for eigth overall bank.

2. The Citigroup attendees with their award for top overall bank (from left): Frank Xia, Andy Lam, David Cukierman, Ted Tsao, Harold Kim, Debashish Duttagupta, Bernard Wai, Paul Tseng, Vishal Mirpuri, Krishna Guha Jyoti, Melissa Wong, Bill Chan and Alec Yin.

3. Barclays with the award for fifth overall bank (from left): Cheng Li, Patrick Kwan, Kenneth Kwan and Tim Cheung.

4. Denis McCarthy and

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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