STATISTICS

STATISTICS

The first of the big six Canadian banks released earnings last week. Bank of Montreal (BMo) reports C$21 million in pure FX trading revenues for the third quarter, off from the C$31 million reported for the same period a year ago and from the C$31 million in the second quarter. However, to be comparable with the other Canadian banks which report FX trading along with related FX income from the retail branch network, BMo's FX revenues for the latest period were C$35 million, off from the C$42

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