UK Banks' First-Half Forex Revenues Could Prove Mixed Bag, Say Analysts

BANKS

Early projections for UK banks' forex trading revenues are calling for mixed returns, depending on which particular niche a bank focuses on, say analysts and traders interviewed by FX Week. The first bank to report results so far is Lloyds Bank, which released earnings Friday (after FXW's deadline), while HSBC reports today, followed each day by NatWest, Standard Chartered and BZW, respectively.

The general consensus among market participants in the weeks leading up to the release of first-ha