FX Markets



WestLB has published a figure for net interest income from FX and Money Markets of DEM682 million ($408.4 million) for the year 1998, up by 30 per cent from DEM526.3 million ($292.4 million) in 1997. The result places WestLB in 16th place according to FX Week's 1998 ranking of reporting international FX trading banks.

American Express Bank reports net revenue from foreign exchange of $14 million for the quarter ended June 30 1999, down 60 per cent on $35 million in the same quarter last year

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