FX Week

STATISTICS

STATISTICS

WestLB reports first-half net income from trading activities rose by 19.8 per cent to DEM274 million, which was achieved across almost all business areas, says the bank's interim report. Meanwhile, overall operating profit was DEM749.6 million, a 22.6 per cent improvement over the DEM611.5 million reported during the same period a year ago. In its earnings statement, Friedel Neuber, chairman of the WestLB managing board, said: "Our intensified investment banking and treasury activities are