
US Banks Report Generally Lower Forex Trading Revenues For 1996
BANKS
With the final three major US banks reporting 1996 foreign exchange trading revenues last week, the overall performance picture is disappointing, with only a few of the 12 banks reporting year-over-year improvements. Early releases had shown JP Morgan and Bank of America (BofA) with gains, but nearly all the second-tier banks reported lower earnings (FXW, January 20). Citibank comes out on top once again, but falls below the billion dollar mark that it crossed last year (see table, below).
Citiba
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.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com