Deutsche Bank Sets Course For Record Year In Foreign Exchange

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FRANKFURT--Deutsche Bank is on course for a record year in foreign exchange, following the publication of Q3 results last week which already place the bank just shy of its 1998 full year total. The earnings reflect the benefits of the tie-up with Bankers Trust (BT) earlier this year, and a strong performance in the New York market, says Dan Almeida, global head of FX trading in London.

Deutsche reports that income from proprietary dealing in foreign exchange, metals, foreign notes and coins,