Wednesday, February 14, 2007
DBRS Comments on Banks' Trading Revenue
Investment Executive, James Langton, 14 February 2007Ratings agency DBRS says that the banks� trading revenue is growing, and risk has been growing alongside it, too.DBRS reports that the big five banks saw their trading revenue grow by an aggregate 13% in 2006 to $5.7 billion. Royal Bank saw the biggest growth, with revenues up 26%. CIBC was the only bank that saw revenues decline, down 9% in
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