FX Markets

STATISTICS

STATISTICS

The Bank of Montreal (BMo), the first of the big six Canadian banks to report full-year results, reported foreign exchange gains of C$149 million, down 12 per cent on 1993. In the fourth quarter BMo made C$39 million for the period ending October 31, against C$38 million in the same quarter of 1993. Toronto Dominion (TD) more than doubled overall earnings to C$683 million. The bank forcast a further improvement in 1995 based on continued economic recovery. A full report on Canadian banks'

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