Canada's Bank of Nova Scotia and Bank of Montreal said on Tuesday they would wait for clarity on U.S. government tariffs to ...
Canada's Bank of Nova Scotia and Bank of Montreal on Tuesday beat analysts' expectations for quarterly profit driven by ...
The banks' first-quarter earning periods, which beat expectations, ended in January before new tariff proposals came from the ...
The Canadian Press on MSN42m
Tariff threats putting chill on business activity but not yet on earnings: banksThe threat and uncertainty around tariffs is creating a chill on borrowing and business activity, said Scotiabank and BMO as ...
Scotiabank is the first major Canadian bank to report earnings for the fiscal first quarter. Bank of Montreal also reports ...
The Bank of Nova Scotia reported its first-quarter profit fell compared with a year ago as it was hit by a one-time charge related to the sale of its banking operations in Colombia, Costa Rica and ...
Canadian lender Bank of Nova Scotia reported a fall in first-quarter profit on Tuesday, hit by an impairment loss stemming from its deal to hand over its Latin American operations to Colombian bank ...
The Bank of Canada brought its policy rate down to 3% over the span of less than eight months, and Scotiabank is the Canadian lender that benefits the most from lower rates due to its higher cost of ...
The various banks have already been putting aside more funds to cover any souring loans due to continued high Canadian ...
Bank of Montreal and Bank of Nova Scotia kicked off Canadian bank earnings season with strong results from their capital-markets divisions amid an increase in trading activity.
Scotiabank's net income dropped to 993 million Canadian dollars ($696.3 million), or C$0.66 a share, for the fiscal first quarter from C$2.2 billion, or $1.68, a year earlier. The result includes an ...
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