SBC Leads Swiss Banks In 1992 Foreign Exchange Trading Income
BANKS
Swiss Bank Corp. (SBC) again outperformed the larger Union Bank of Switzerland (UBS) in income from foreign exchange trading last year. But the leading Swiss banks reported substantial rises in trading gains, stemming from the volatile markets in the last quarter of the year.
An official at SBC says the bank earned 25 percent of its forex profits during two particular weeks in September.
Executives in several banks were quick to snipe at the others' figures. "SBC's numbers are not as good as they
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