Lloyds TSB and Barclays Capital Report FX Gains Ahead Of Big Players' Results

UK RESULTS

LONDON--Barclays Capital and Lloyds TSB Group reported healthy year-end FX gains last week, ahead of the release of results from the UK's main players.

Barclays Capital, reports total foreign exchange income for 1999 of £380 million (up from £355 mil lion in 1998). The figure includes both retail and institutional FX.

Officials at Barclays Capital, how ever, estimate that around £280 million of the total represents institutional business.

"We saw good market volatility in sterling and a good deal

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