OCC: Trading Revenue Up in Third Quarter

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.


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.