Deutsche Maintains FX Pace Despite Impact Of Euro


FRANKFURT--Deutsche Bank confounded market analysts last week, reporting a moderate increase in FX trading revenues in the first half of 1999, in spite of lower market volatility compared to 1998, and the loss of trading in the eleven euro 'legacy' currencies.

The bank reports stable revenues from proprietary trading in foreign exchange, precious metals and foreign notes/coins at the interim stage. To June 30, earnings were €342 million, ($354 million), a six per cent rise on last year's figu

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: