You have been hired to work in the research department of a major commercial bank. The foreign exchange dealers have told you that they have some of the world's smartest investors among their client lists. Briefly explain how your bank might benefit from the actions of these customers. Include in your answer a discussion of the empirical evidence on the value of customer orders, focusing in particular on their forecasting abilities.

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Having some of the worlds smartest investors as clients can potentially benefit a commercial bank in several ways Here are some ways in which a bank c... View the full answer