Canadian investment banking revenue declines

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

Canadian largest lenders such as Bank of Montreal and Royal Bank of Canada are expected to report a drop in revenue from their investment banking units in 4th quarter amid capital markets' slow down due to European debt affliction. According to Sumit Malhotra, analyst at Macquarie Capital Markets, income from asset management and capital markets may fall by 6% reaching $5.5 bn.

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