Market volatility drives FX revenue
Banks’ G10 FX business is outperforming other lines of business
Revenue from the G10 FX business at banks increased by more than two-thirds in the first half of this year, compared with the corresponding period last year, making the scandal-bruised industry the top-performing business line for banks.
The revenue from the business, which includes spot, forwards and options, jumped to $4.7 billion in the first half of 2015, marking a 74% increase over the $2.7 billion recorded for the same time period in 2014, according to the Coalition Index report from
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