Office of the Comptroller of the Currency News: OCC Reports Fourth Quarter 2018 Bank Trading Revenue

25Mar - by Editor - 0 - In STL.News

WASHINGTON (STL.News) – The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $4.2 billion in the fourth quarter 2018, which was $2.9 billion, or 41.0 percent, less than the previous quarter.

In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also noted that trading revenue in the fourth quarter 2018 decreased by 28.5 percent compared with the $5.8 billion reported in the fourth quarter 2017.

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