CSFB makes top three in forex
NEWS
ZURICH -- Credit Suisse Group’s investment banking subsidiary CSFB, which contains its forex division, reported a 53% year-on-year rise in FX trading revenues for full-year 2001 in March, pushing the Swiss giant up to third place among global forex dealers based on results reported so far.
The group earned Sfr1,648 million ($986 million) from trading foreign exchange and banknotes in 2001, compared with Sfr1,075 million ($643 million) in 2000. That places the bank behind only Citibank and HSBC in
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