FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, March 15, 1993

SBC Leads Swiss Banks in 1992 FX Trading

Swiss Bank Corp again outperformed the larger Union Bank of Switzerland (UBS) in income from foreign exchange trading. But the leading Swiss banks reported substantial rises in trading gains stemming from volatile markets in the last quarter.

Toronto-Dominion Reorganizes

Toronto-Dominion Bank (TD) has put in place a major reorganization of FX responsibilities, following the departure of former forex chief Ian Scott.

Record FX Gains

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