Shawmut Bank is proving itself a pretty intrepid regional, judging by its latest foreign exchange trading revenues. The bank reported that FX trading gains rose to $1.2 million in the second quarter, a pretty significant jump from the $800,000 posted during the same period a year ago. However, the trading room couldn't quite match the $1.6 million gain it racked up in the first quarter of this year.

Michael Faust, currency analyst at MMS was quoted most often in the weekday editions of the

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