Commercial banks reported total trading revenue of $7.1 billion in the third quarter of 2018, up 2.7 percent from the second quarter, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today. The figure was up 1.7 percent year-on-year. The net current credit exposure decreased 1.4 percent to $356.6 billion, the report said.
Senate Banking Committee postpones vote on crypto market structure bill
Senate Banking Committee Chairman Tim Scott (R-S.C.) delayed a scheduled committee vote on cryptocurrency market structure legislation. More than 10,000 bankers have sent letters to Senate offices in recent days calling on Congress to use the bill to...









