US Investment Banks Report Increased FX Trading Profits

FRONT PAGE NEWS

NEW YORK--US investment banks profited from expanding FX operations in 2000 to boost their market-share of global FX trading, say officials at banks in New York and London.

Officials spoke to FX Week following publication of the US investment banks' annual results, which were published last week. The banks operate a fiscal year ending November 30, 2000.

Lehman Brothers' London-based European head of FX, Ivan Ritossa told FX Week the bank had "significantly" increased its revenues from FX tradi

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: