FX Week

Canadian Banks Show Consistent Trends In Third-Quarter FX Earnings Reports


The remainder of the largest Canadian banks have released earnings for the period ended July 31 showing consistent third-quarter strength virtually across the board (see table below).

Royal Bank of Canada (RBC) continues to lead the pack in terms of quarterly foreign exchange gains, posting C$73 million for the quarter, a 14 per cent improvement over year-ago figures, but off 11 per cent from the C$82 million posted during the second quarter.

Ian MacKay, senior vice president, treasury,

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week 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: