Rating agency concerned with bank’s risk management
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