FX Week

StanChart Keeps FX Income Up In Bad Year With Exotic Strength


Foreign exchange income at Standard Chartered Bank dropped off by a smaller percentage than at most other banks last year, slipping 4.2 per cent to £156 million from 1993's £163 million figure. The FX and small derivatives trading operations at the bank kept dealing income, hurt by a halving of securities trading income, from falling as drastically as at most banks last year.

Officials at StanChart said last week that in difficult market conditions, the bank's strong exotic currency business

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: