ABN Amro Reports Year-End FX Gains And Plans Global Forex Options Book
BANKS
ABN Amro reports a 15 per cent increase in foreign exchange dealing for 1996, to NGL705 million ($408 million) from NGL613 million ($382 million) a year ago. Bank officials cite both forex and securities trading as contributors to the strong growth during the period.
In a segmental breakdown, FX dealing revenues performed better domestically than abroad: FX dealing results from the Netherlands rose 31 per cent to NGL367 million ($212 million) from NGL280 million ($175 million) a year ago, while
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