French Banks Report Solid Results, But Note Impact From Loss Of EMS


PARIS--French banks report generally healthy, albeit mixed, results for 1997. Although most of them do not break out FX trading revenue income separately, most of those interviewed by FX Week claim it was a good year, despite the loss of income from currency trading within the European Monetary System (EMS).

"Generally 1997 was OK for French banks in FX," says Olivier Dyer, global head of FX marketing at Paribas' headquarters in Paris. "EMS foreign exchange is no longer such a core business

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 -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

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: