FX Week

Bankers FX Trading Gains Stumble In 1st Qtr. While Bank Of America FX Revenues Jump


Bankers Trust Co., one of the giants in the foreign exchange market, stumbled in the latest quarter, with FX trading revenues sliding 55 percent from a year ago to $66 million in the first quarter. Its tumble allowed Bank of America a place as the third most profitable U.S. bank in terms of foreign exchange trading in the quarter.

In addition to Bankers sharp drop in FX trading profits, the bank also reported that other noninterest revenue fell to $9 million from $71 million in 1990, as a

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 [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week 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: