Royal Bank of Scotland reports rise in trading income
NEWS
Trading activities generated an income of £1.96 billion in 2005, versus £1.68 billion the previous year.
The bank attributed the 'steady growth' to a strong performance from RBS Greenwich Capital, which was brought together with other corporate markets activities in North America last year.
While RBS did not disclose income generated from the foreign exchange business, it said customer volumes were higher across all products.
The results come shortly after Barclays Capital (BarCap) announced
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