Canadian Banks Report Variable Q2 In Foreign Exchange Trading Gains


Canadian banks are reporting mixed results from their foreign exchange operations for fiscal 1995's first half compared with the same period of last year. In their second-quarter earnings releases the banks overall are showing slightly improved foreign exchange revenues over the first quarter of the year but their performance is generally weaker when compared with 1994's strong second-quarter results.

A weakening Canadian and U.S. dollar, as well as the indirect effect the Mexican financial

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