In 1996 Bankers Trust finally put the Procter & Gamble derivatives fiasco behind it. After a horrible year in 1995 when the market was still unsure whether the bank would make it onto the comeback trail, it surprised even itself in 1996. Earnings per share have tripled to $6.78, return on equity increased from 4% in 1995 to 13% in 1996 and revenues came in at the second-highest in the bank's 94-year history, at $4.16 billion.
July 01, 1997