US Banks Report Strong 1998 Results Despite Slow Quarter

- By FX Markets Staff
- @FXMarkets_
- 25 Jan 1999

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

NEW YORK--So far, Chase Manhattan Bank is in the lead among the US banks that reported 1998 FX earnings last week. However, CitiGroup's annual report has been delayed by one week due to issues arising from its merger with the Travelers' Group, says a spokesperson.

Chase's annual forex results (including net interest income) have risen 22 per cent to $963 million last year from $790 million in 1997.

Although, the bank experienced a slower fourth quarter than in 1997. Results for the fourth quarter

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com