Trading’s share of EU bank income shrinks in Q3

Trading contributed less to the income of European Union banks for the second consecutive quarter in Q3.

Net trading income as a percentage share of total net operating income was 10.9% in the third quarter, down from 12.4% in Q2 and 16.5% in Q1. But this is higher than the 5.4% disclosed the same quarter a year ago. 

Fees accounted for 28.3% of net operating income in Q3, compared with 28.1% in Q2 and 28.3% the year-ago quarter. Net interest income made up 58.5%, up from 57.9% in Q2, and 57.4

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