Banking industry

Industry moves this week Industry moves this week

Industry

Industry moves this week

New appointments include senior executives with Harbourfront Wealth and AGF Management

By Katie Keir |May 26, 2023

2 min read

Economic headwinds weigh on bank results as more money set aside for bad loans Economic headwinds weigh on bank results as more money set aside for bad loans

Industry

Economic headwinds weigh on bank results as more money set aside for bad loans

Rising costs and slower loan growth are also challenges

By Ian Bickis, The Canadian Press |May 25, 2023

4 min read

Empty offices a challenge to smaller banks: Fitch Empty offices a challenge to smaller banks: Fitch

Industry

Empty offices a challenge to smaller banks: Fitch

Commercial real estate exposure a bigger issue for smaller U.S. lenders

By James Langton |May 24, 2023

1 min read

BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

Industry

BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

'Challenging market conditions' and 'shifting environment' said to be putting pressure on revenue growth

By Ian Bickis, The Canadian Press |May 24, 2023

3 min read