Q1 FX Results Show Mid-Tier Players Gaining

NEWS

COPENHAGEN--The mid-tier Scandinavian banks continue to outperform eurozone rivals in terms of FX profit increases, according to the latest round of interim results published last week--despite earlier indications that the euro has given the biggest boost to the larger players.

Advances in technology and the attendant advantages of streamlined trading operations are responsible for increasing profits, say analysts. The Nordic banks are generally regarded as being ahead in terms of live

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