Banks Make A Bundle In FX in Latest Two Weeks Rumors Abound, Goldman's $200 Million Coup?
BANKS
"One thing is for sure," says Credit Suisse's Francoise Soares-Kemp about the recent turmoil in the foreign exchange market, "banks made a lot of money." In fact, though bank officials refused to comment on the exact amount their institutions generated in the last two weeks, most confirmed that trading gains would likely soar to record levels for the third quarter as a result.
The market has been abuzz with reports of huge trading gains. Most notably, market sources report that Goldman Sachs was
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