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The Outlook for Investment Banking 2013

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Reversals of several key themes from previous years are revealed in the fourth Outlook for Investment Banking Services, an annual survey of corporate decision-makers from Thomson Reuters and Freeman Consulting Services.

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Citi remains top for FX trading

European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as banks led by Citigroup grabbed business, according to widely watched industry rankings.

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Morgan Stanley chief defends 25% pay hike

Morgan Stanley Chairman and CEO James Gorman defended the 25 percent pay hike he was awarded last year - reportedly the highest among Wall Street chief executives - saying it was justified by the bank's performance.