Citibank Leads US Banks In FX Revenues, With Record Year-To-Date Trading Results

BANKS

Citibank reports record forex trading revenues (including net interest income) for the nine month period ended September 30 of $1.043 billion, up 63 per cent compared with $640 million a year ago. The latest figures are just shy of Citi's highest full year earnings (since FX Week began tracking annual gains back to 1989) of $1.053 billion reported for 1995, although this latter figure does not include net interest income (NII).

The rest of the US banks are continuing to show a strong year as