RBC Leads Top Canadian FX Banks Reporting Strong First Quarter Results

BANKS

TORONTO--The Royal Bank of Canada (RBC) tops the list of the six Canadian banks reporting first quarter results for the period ended January 31, with its proposed merger partner, Bank of Montreal (BMo), coming in as the third largest bank behind Canadian Imperial Bank of Commerce (CIBC).

The Canadian banks generally report a combined figure for FX trading revenues and income from the retail branch networks, but separate FX trading figures are provided in some of the banks' quarterly reports.

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