BMO boasts booming Q3
The bank attested to an C$18 million increase in FX interest and non-interest trading revenues, which includes FX spot and derivatives contracts from its wholesale banking business. These rose from C$70 million in Q3 2007, reaching C$88 million in Q3 this year.
This strong foreign exchange trading performance helped boost overall interest and non-interest trading revenues at the bank, which hit C$242 million in the third quarter, up from C$80 million in the same period last year.
"[Non-interest]
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