HSBC First-Half Forex Gains Sparkle Despite Slower Pace Set By Midland


HSBC Holdings turned in first-half 1994 foreign exchange gains of £196 million, nearly nine per cent up on the comparable period of 1993 but a shade under its performance in the second-half of last year (FX Week, August 8). Two U.K. banks which also reported during FX Week's summer recess were Barclays Bank and Standard Chartered. They both managed to raise FX income a bit in the first half, unlike some other U.K. banks.

Bringing the major U.K. banks reporting season to a close, HSBC's forex

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: