Canadian banks capitalise on trading rebound

摘要

Canadian banks saw a rebound in trading and capital markets in their latest quarter, indicating they continue to grab market share and also offer hope that conditions improved for all banks. Royal bank of Canada's revenue from trading rose 19% to C$957m and revenue from the investment bank rose 21% to C$554m in their second financial quarter to the end of April. "Our capital markets business delivered record earnings this quarter," said RBC Chief Executive David McKay.