London Banks See Solid, But Not Record FX Revenues In 1991, Despite Recession

BANKS

Debt problems and economic weakness may have depressed overall bank earnings for 1991, but treasury officials in London say it wasn't such a bad year in foreign exchange. In fact, most were surprisingly upbeat about the year gone by given increasingly arid market conditions and continued consolidation.

It was a year, says Midland Bank treasury director David Clark, dominated by capital flows during which customer base and product differentiation grew in importance. Banks began to get a handle on

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 copy this content. Please contact info@fx-markets.com 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

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: