Breaking News

Tweet TWEET

National Bank Financial Ranked First Among Canadian Financial Institutions for its Canadian Dollar Exchange Rate Forecasts

National Bank Financial Ranked First Among Canadian Financial Institutions for 
its Canadian Dollar Exchange Rate Forecasts 
MONTREAL, June 5, 2013 /CNW Telbec/ - According to data from Bloomberg, 
National Bank Financial's Economics and Strategy Team ranked first among 
Canadian financial institutions and third in the world for Canadian dollar 
currency forecasts against the U.S. dollar in the year ended March 31, 2013. 
The ranking is calculated using Bloomberg's Foreign Exchange Forecasts Center, 
which analyzes the projections produced by the various firms. Bloomberg has 
further perfected its methodology this year, making its unique analysis even 
more precise. The new procedure evaluates not only the precision of the 
forecasts, but also their timing and directional accuracy. Exchange rate 
forecasts help investors, governments, institutions, businesses, consumers and 
others in their decision-making. 
In addition to this acknowledgement of its economic and financial expertise, 
the Economics and Strategy Team was also recognized in the prestigious 
Bloomberg Markets magazine for the accuracy of its forecasts between Q1 2011 
and the end of Q2 2012. 
AboutNational Bank Financial
With $80billion in assets under administration, National Bank Financial is a 
fully-integrated investment dealer combining retail advisory and brokerage 
services with institutional brokerage, investment banking, corporate finance, 
and securities clearing for third parties. National Bank Financial offers its 
services to more than 350,000 clients. Its Financial Markets division has a 
major presence in Toronto, Calgary, Vancouver and Montreal, as well as 
operations in the United States and Europe. 
About National Bank of Canada
With $185 billion in assets as at April 30, 2013, National Bank of Canada 
(www.nbc.ca) together with its subsidiaries, forms one of Canada's leading 
integrated financial groups, and has been named among the 20 strongest banks 
in the world by Bloomberg Markets. The Bank has close to 20,000 employees and 
is widely recognized as a top employer. Its securities are listed on the 
Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social 
media and learn more about its extensive community involvement at 
clearfacts.ca and commitment.nationalbank.ca. 
(The telephone number provided below is for the exclusive use of  journalists 
and other media representatives.): 
Jean-François Lauzon Advisor - Public Affairs National Bank Tel.: 
514-394-6097 
SOURCE: National Bank of Canada 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2013/05/c5510.html 
CO: National Bank of Canada
ST: Quebec
NI: FIN FIN ECO  
-0- Jun/05/2013 19:27 GMT