On June 21st, the Office of the Comptroller of the Currency (the "OCC") published its "Quarterly Report on Bank Trading and Derivatives Activities: First Quarter 2013." Insured U.S. commercial banks and savings institutions reported trading revenue of $7.5 billion in the first quarter of 2013, up $3.1 billion (72 percent) from $4.4 billion in the fourth quarter of 2012, and $466 million higher (7 percent) than in the first quarter of 2012. OCC Press Release.