Quebec student wins Governor General’s Gold Medal
U-shaped recovery forecast for advanced economies
Lauzon to succeed Cardinal as CFO
Provision for credit losses climbs to $619 million
RBC profit drops 15%
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