Industry News

RBC shares hit record highs on strong earnings

The bank’s wealth management arm earned more than a year earlier

By Ian Bickis, The Canadian Press |August 28, 2024

3 min read

National Bank reports Q3 profit up from a year ago

Growth in fee-based revenues and net interest income drove improved results in wealth management

By Ian Bickis, The Canadian Press |August 28, 2024

2 min read

Trouble in BMO’s loan book again weighs on bank’s quarterly results

The bank expects loan loss provisions to stay elevated in the near term: CEO

By Ian Bickis, The Canadian Press |August 27, 2024

3 min read

Rising provisions drag on Scotiabank results in Q3

The bank had $1.05 billion set aside for bad loans in the quarter, up from $819 million a year earlier

By Ian Bickis, The Canadian Press |August 27, 2024

2 min read