RBC Leads Canadian Peers With 13 Per Cent Q3 Gains
BANKS
TORONTO--Royal Bank of Canada (RBC) leads its Canadian peers in third quarter FX trading results, reporting a 13 per cent year-on-year increase for the period ended July 31, to C$130 million ($86 million).
RBC officials say the quarterly forex revenues were a record for the bank.
RBC's results, which reflect FX and related interest income from its retail branch network, were up from the C$115 million ($83.6 million) reported for the same period the previous year.
The bank reports pure FX trading
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