Canadian banks count on loan growth as stormy markets cut profits

Canadian banks count on loan growth as stormy markets cut profits

By Niket Nishant and Divya Rajagopal (Reuters) – Canada’s major banks are expected to post lower profits in the fourth quarter as choppy markets hurt wealth management and sluggish trading slashes income at investment banks, reversing expected gains from lending to banks. businesses. Earnings reports, as of Tuesday, cap off a tumultuous year in which …

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