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Bank trading revenue increases
The OCC has issued its First Quarter 2019 Report on Bank Trading and Derivative Activities. The trading revenue of U.S. commercial banks and federal savings associations of $10 billion in the first quarter 2019 was up $5.9 billion, or 141 percent, over the previous quarter. The 2019 figure is 30.6 percent more than the $7.7 billion reported for the first quarter of 2018.