How One FX Broker Withstands The Franc Fallout

Jan. 16 -- Now to the fallout from the Swiss currency decision. For many firms, the losses have been staggering. People familiar with the matter telling Bloomberg ... Deutsche bank lost $150 million dollars. Barclays said to lose up to $100 million. And Citigroup said to lose more than $150 Million. And the list continues: F-X-C-M says its owed 225-million-dollars by clients, but will receive 300- million in cash from Leucadia National to continue normal operations. Global Brokers of New Zealand and Alpari of the U-K both shut down completely. One FX broker that says it is withstanding the turmoil is OANDA. The company's chief executive, Ed Eger, joined us. (Source: Bloomberg)

UBS' Tay Says Markets Want to Know When Fed Will Taper
39:43 - UBS Wealth Management Regional CIO Kelvin Tay discusses Fed policy, the dollar and the currency market. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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