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Company: National Bank of Canada

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announcement

Denis Girouard will step in for Martin Gagnon until a successor is named

  • By: IE Staff
  • January 26, 2023 January 26, 2023
  • 11:53
Low angle view of Skyscrapers in downtown Toronto during the day

Amid growing challenges, Canadian banks still well positioned to absorb headwinds

Downtown office buildings Toronto

In December, OSFI raised banks' capital requirements by half a percentage point

growth

Lagging effects of higher rates to impact banks' bottom lines this year

Low angle view of Skyscrapers in downtown Toronto during the day

Higher net interest income may be the only bright spot for Canadian banks in 2023

National Bank of Canada in Toronto’s financial district; National Bank of Canada is sixth largest commercial bank in Canada.

Wealth management profit was up by 24% on higher interest rates

Low angle view of Skyscrapers in downtown Toronto during the day

A key question for analysts will be how much banks are profiting from their loans

new label

The fall is already in swing, with a variety of moves and announcements

  • By: Katie Keir
  • September 8, 2022 September 8, 2022
  • 13:11
Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

A full-point rate hike isn't out of the question next week, NBF says

Rising credit provisions and weak markets weighed on Q3 profits