Citi Rules The Roost As Final Picture For H1 1999 Results Starts To Emerge
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NEW YORK--Citibank remains comfortable at the top of the league as a compilation of first half forex results reveals the FX giant is safe from competition.
Citi's lead is all the more astonishing--at a time when other banks' results diminish by the year--in that its FX profits keep on growing. Its foreign exchange revenue of $856 million for the first half is close to a full year's trading just five years ago.
And it is the only bank in the top five to have reported an increase in forex earnings
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