RBC Continues To Show Strong Returns, As Canadian Banks Report Mixed Results

BANKS

Canadian banks are reporting mixed foreign exchange earnings for the third quarter, which ended July 31. Royal Bank of Canada (RBC) once again leads the pack, reporting stable year-on-year earnings (see table, this issue).

Earnings were converted into US dollars using the Reuters' exchange rate on July 31, 1997 of 1.3780 and for July 27, 1996, the rate was 1.3748. The April 30, 1997 closing rate of 1.3980 was used to convert figures for the second quarter.

RBC reports total foreign exchange

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: