Bankers Trust New York Corp. reported a 22% jump in first-quarter earnings, to $169 million, as it took on still more of the characteristics of an investment bank.

Investment banking was the company's biggest source of net income, at $96 million-up 68% from the fourth quarter and 17% from the first quarter of 1996.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.