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Scotiabank Q2 commodity trading revenue boosted by precious metals

Posted on 28 May 2014

Bank of Nova Scotia, one of the world’s biggest bullion banks, on Tuesday reported its best quarterly trading revenue from commodities in over a year due to improving precious metals markets even as scrutiny of global bullion pricing intensifies.
In its second quarter to end-March, Canada’s third-largest bank said trading revenue from commodities hit C$98 million, up 9 percent from the prior quarter and highest since the first quarter to end-December 2012, according to a filing………………………………………..Full Article: Source


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