OCC: Trading Revenue Falls in Second Quarter

Commercial banks reported total trading revenue of $6.9 billion in the second quarter of 2018, down 16.2 percent from the first quarter of 2018, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities today. That figure was up 3.5 percent year-on-year. The net current credit exposure decreased 0.1 percent to $361.7 billion, the report said.


About Author

Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for editorial strategy at the American Bankers Association, where she oversees ABA Daily Newsbytes.