Banking industry

Financial sector outlook steady despite growing global gloom Fallback Image Decorative pattern

Industry

Financial sector outlook steady despite growing global gloom

Financial institutions well positioned to weather declining credit quality, Fitch says

By James Langton |June 23, 2022

2 min read

RBC caught up in Texas laws defending gun and fossil fuel industries Fallback Image Decorative pattern

Industry

RBC caught up in Texas laws defending gun and fossil fuel industries

The bank's law compliance seems at odds with its environmental commitments

By Ian Bickis, The Canadian Press |June 2, 2022

4 min read

Provisions for credit losses drive divergent bank results Fallback Image Decorative pattern

Market Insights

Provisions for credit losses drive divergent bank results

Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said

By James Langton |May 31, 2022

2 min read

National Bank reports Q2 profit up from year ago, raises dividend Fallback Image Decorative pattern

Industry

National Bank reports Q2 profit up from year ago, raises dividend

The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago

By Staff, with files from The Canadian Press |May 27, 2022

2 min read