Deutsche Bank reports trading profits from proprietary dealing in foreign exchange, metals and foreign notes/coins for the first quarter of 1998 was up 41 per cent to DEM353 million ($191 million) from DEM251 million last year.

The Royal Bank of Scotland reports overall interim profits for the six months to March 31 increased by 21 per cent to £411 million ($687 million) from £341 million. Dealing profits, comprising FX, arbitrage and securities trading income were reported as £90 million (

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