Citibank Leads US Banks In Q1 Results, But Chase Manhattan Is Hot On Its Heels

BANKS

NEW YORK--Citibank led the US banks reporting forex trading revenues for the first quarter, but Chase Manhattan Bank came a close second--reporting a 70 per cent improvement in year-on-year results. Bank of America (BofA) also made strides during the period, showing a 72 per cent Q1 gain to take third place in the table (see related article, this issue).

Traders and market participants note volatile markets in Asia and a high volume of customer-driven trading as key to the healthy returns.

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: