In a move that shows big international banks attempting to pay more attention to local needs, Barclays Capital is now offering weekly analysis of the global foreign-exchange markets written in Chinese.
Barclays says the decision is a response to the firm’s growing foreign-exchange business in Asia and the increasing importance of Chinese speaking investors in the global currency market, noting that it also follows on the heels of the Chinese government’s introduction of a flexible exchange rate regime.
Our Asian clients are playing an increasingly important role in the global currency markets and we are making every effort to ensure they are fully...