U.S. Banks Expect Solid Earnings In First Quarter FX, Analysts Say

BANKS

First-quarter foreign exchange trading revenues at U.S. banks may look better than they have for some time, say FX managers and analysts in New York. Market participants point to trending markets, volatility and a re-emergence of customer business as factors in the improvement.

"Customer-driven businesses fared well during the quarter, as did market-making operations and proprietary trading," says FX chief dealer Scott Gallopo at Chemical Bank. "So FX revenues should be surprisingly strong

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: