FOR IMMEDIATE RELEASE
June 21, 2018
Contact: William Grassano
OCC Reports First Quarter 2018 Bank Trading Revenue
WASHINGTON — The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $8.2 billion in the first quarter 2018, which was $3.2 billion, or 62.8 percent, higher than the previous quarter.
In the report, Quarterly Report on Bank Trading and Derivatives Activities, the OCC also noted that trading revenue in the first quarter 2018 increased by 15 percent compared with the $7.1 billion reported in the first quarter 2017.
The OCC reported:
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