The entry of Spain's Banco Santander could make Canada's banking sector more competitive
Provision for credit losses rose for CWB ahead of its acquisition by National Bank of Canada
The banks reported mixed results this week
Adjusted earnings were down in what chief executive Bharat Masrani called a challenging quarter
BMO Financial Group significantly missed analyst earnings expectations
The bank has also raised its quarterly dividend
Scotiabank earned $1.57 per diluted share on an adjusted basic, up from $1.23 a year ago
The S&P TSX bank index is up about 12% since last quarter’s results
The cuts are not reflective of the state of the underlying business, the firm says
This year, 71% of new ETF launches have been actively managed, according to Bloomberg Intelligence