Bankers Trust FX Gains Tumble 1991 Revenues Down 36 Percent
BANKS
Bankers Trust Co. bettered its performance in 1991 overall, but stumbled dramatically in foreign exchange. The bank, which is typically the last U.S. bank to report earnings, helped bring average foreign exchange trading gains at U.S. banks down to $139 million for the year, a 10 percent drop from the 1990 average. First Interstate also contributed to the slide, posting gains of just $1 million for the entire year.
Bankers Trust reported that foreign exchange trading revenues fell 45 percent in
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