ODD LOTS
ODD LOTS
WestLB reports first-half net income from trading operations of DEM215 million ($119 million), a 22 per cent decline on the DEM274 million ($157 million) reported at the interim stage last year. WestLB does not break out FX revenues at the half-year stage and the figure includes trading profits from all business lines. A spokesperson for the bank says that FX trading revenues are evenly split between net trading, net interest income and net commission income accounts, due to an expansion of FX
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