RBS sees currencies business decline

Third quarter results for the business line came in half the value of Q2 income, where currencies made £384 million. RBS said currencies income declined, with no repeat of the favourable market conditions of the first half.

The rates flow business however remained strong, generating income of £694 million, benefiting from good client activity, with income up 29% versus Q2, the bank said. The bank did not provide Q3, 2008 comparatives.

Meanwhile, in an interim statement HSBC said volatile markets

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: