UK Banks Report Stellar Performance From Foreign Exchange Dealing In 1997

BANKS

LONDON--The three remaining UK banks all report stellar foreign exchange trading results for 1997, further evidencing a very strong year generally for international FX trading banks. HSBC Holdings continues to lead the UK rankings with FX dealing profits of £609 million ($1.005 billion) for the year, a 72 per cent increase from the £354 million ($605.3 million) reported in 1996 (see table below). Standard Chartered Bank also turned in a strong performance, with FX revenues up 84 per cent to

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: