Deutsche Bank reports record results in FX dealing for 1998. Proprietary FX revenues rose 21 per cent to DEM1.111 billion ($667.55 million) from DEM916 million ($550.4 million) last year. However, the bank reports a slight decline in net trading revenues, at DEM3.469 billion ($2.08 billion) from DEM3.6 billion ($2.16 billion) a year ago. "The turmoil in the international financial markets had a negative impact on emerging markets business," says the report. "On the other hand, trading in

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