ABN reports FX uptick

FX dealing income across the ABN Amro group was up to €679 million in 2002 from €486 million the year before. However, a spokesperson for the bank in London said this is not representative of ABN’s FX trading group. He declined to comment further on the bank’s FXresults.

ABN Amro’s FXdivision recently won an accolade from FXWeek sister magazine Risk, when the bank was named currency derivatives house of the year (FX Week, January 27). ABN Amro said it had changed the way options dealers work