RBC Outperforms Canadian Peers In Forex Results For Interim Period

BANKS

TORONTO--Royal Bank of Canada (RBC) maintains its dominance at the top of the rankings of Canadian banks, finishing the first half (covering the six months ended April 30), 50 per cent ahead of its nearest competitor in the latest round of FX results. Overall, the Canadian banks put in a solid performance during the second quarter, largely on the back of continued volatility in the Canadian dollar.

RBC reported total FX revenue, including trading and other income, was C$131 million ($91.6 mil