FOR IMMEDIATE RELEASE
September 10, 2018
Contact: William Grassano
OCC Reports Second Quarter 2018 Bank Trading Revenue
WASHINGTON — The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $6.9 billion in the second quarter 2018, which was $1.3 billion, or 16.2 percent, lower than in the previous quarter.
In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also noted that trading revenue in the second quarter 2018 increased by 3.5 percent compared with the $6.6 billion reported in the second quarter 2017.
The OCC reported:
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