US Banks Expect Solid 1995 Gains But Q4 May Be Far Less Promising
BANKS
As U.S. banks begin releasing fourth quarter and full-year trading revenues this week, the year as a whole should show an improvement over 1994, while the quarter itself may prove relatively slow, say dealers and analysts surveyed by FX Week. The fourth quarter is typically a quiet period, as dealers square positions and guard year-end profits.
Says chief dealer Scott Gallopo of Chemical Bank. "But overall, it was a good year for the banks in terms of trading, although I don't think the fourth
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