Prepare for further black swan events in FX, corporates told

Corporate treasurers should make sure their forex counterparties are properly prepared for the possibility of further black swan events in the foreign exchange markets, senior Lloyds banker tells ACT conference delegates in Manchester

Corporate treasurers should expect more black swan events to affect the foreign exchange markets and should make sure their counterparties are properly prepared, a senior banker warns.

"The reality is, black swan events come around a lot more frequently than you'd necessarily think. We're sitting here today in an environment where we honestly don't know what's around the corner. Is Greece going to leave the euro, who knows? What could be the next thing to upset the markets, which are already in