Creditanstalt's Forex Revenue Jumps 26 Percent In 1992
BANKS
Austria's second largest bank, Creditanstalt Bankverein, reporting forex figures for the first time, turned in a healthy increase in dealing income for 1992. The Vienna-based bank, a major player in the schilling market, earned AS820 million from foreign exchange trading, up 26 percent from the AS650 million recorded for 1991.
Despite the FX gains, traders and other staff at the bank won't receive bonuses for 1992, because of other financial difficulties at the bank. The bank's chairman, Guido
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