Merrill Lynch reports record quarter

fxrevenues102003-jpg

Chief financial officer Ahmass Fakahany said FX had had a "record quarter", speaking in an investor’s conference call following publication of Merrill’s latest financial figures last Tuesday.

The bank said it could not give more specific information regarding its forex earnings, but revenues from its Global Markets & Investment Banking unit, which includes forex, were up 88% year-on-year to $1 billion in Q3.

This improvement comes after a two-year period of investment in forex at the US

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: