Our rummage through the quarterly earnings reports of the US banks shows, with one exception, less money made out of FX in this quarter than the last. This isn’t a surprise, the European sovereign debt crisis (whatever happened to that?) of the second quarter was a godsend for volatility and volumes; the third quarter, while it ended with a flourish, was more noted for the depth of the summer slumber.
Goldman Sachs again reported the highest number – not by very much – and its figure of $3.766
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
