FX Week

CSFB up, ABNAmro down for first-half FX revenues

Klaus Said, New York-based global head of FX at CSFB, said: "Our FX results have been in line with the progress in our overall [fixed-income] results so far this year. We are doing well and are substantially ahead of last year."

Operating income for the bank's fixed income business was up by 13% to Sfr3,869 million ($2,863 million) for the first half -- up from Sfr3,422 million for the same period in 2002.

CSFB's success in FX has been broad-based, Said said, with increased business in FX spo