And bank dealers thought bid/ask spreads on CDS were wide. Perhaps US banks with sliding revenues should just open a few FX kiosks by the Moscow train station and make up for all that lost income from hundreds of billions in FX-rigging legal settlements?
Currency rates in Moscow’s exchange offices now http://ift.tt/1AhtXfs
— Alexander Roslyakov (@RoslyakovAP) December 16, 2014
via Zero Hedge http://ift.tt/1szJb0p Tyler Durden