Maintains negative outlook
Quarterly profit rose at National Bank of Canada, even though the bank took previously announced writedowns for commercial paper, staff layoffs and other items.The bank said Thursday it earned $70 million, or 37¢ a share, in the fourth quarter, ended Oct. 31. That was up from the year-earlier period, when it lost $175 million, or […]
Economists lower crude oil price forecast to US$50 a barrel
Loan growth of 6% in the quarter
Bank heading into 2009 with strong capital position, McCaughey says
Wealth management income down 8% from a year ago
Profits drop at CIBC, TD
2008 Canadian Investment Awards winners announced
Birchard steps into chairman’s role
Economic activity across the United States weakened further in November, according to a report released Wednesday by the U.S. Federal Reserve.Since the Fed released its last beige book in mid-October, economic activity has softened further across all 12 of theFederal Reserve districts, which include major cities such as New York, Cleveland, Richmond, Atlanta and Chicago.“Districts […]