French Banks Report Good First Half In FX


French banks have finally gotten around to publishing first-half earnings in the past couple of weeks. Overall, good operating results have been overshadowed by larger provisions for bad debts--while foreign exchange gains stayed flat or rose somewhat.

Although French banks don't publish separate figures for foreign exchange earnings, Banque Nationale de Paris (BNP) foreign exchange director Albert Boussuet says the gains have been good. "We're about on a par with the first half of 1991, whic

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: