Bank of Montreal and Royal Bank of Canada have seen their structured product issuance during the third quarter of 2020 falling.
BMO Financial continues to dominate the Canadian structured products market in the third quarter of 2020 with an issuance of 226 products, according to SRP data. This represents a an 18% decrease from 2019’s figure of 279 products. The bank, led by chief executive Darryl White (pictured), reported a net income of US$1,58 billion during its fourth quarter (third calendar quarter), representing a 33% jump from the same period a year ago and an adjusted net income of US$1
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