Commerz FX profits rocket
NEWS
FRANKFURT -- Commerzbank last week continued the trend of reporting escalating FX trading profits for the first nine months in 2001, with a 105% uptick year-on-year.
It reported FX and treasury trading profits of e179 million ($159 million) for the nine months to September 30 2001, compared to e87 million ($77 million) for the same period last year.
Like many of the banks that have announced their interim revenues so far this year, Commerzbank highlighted the volatile state of interest rates in
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