Tag Archives: Canadian banks

In the Spotlight Next Week: Canadian Bank Earnings

Posted on August 24, 2012 by Administrator

[written by Caroline Van Hasselt, courtesy of WSJ.com] All eyes will be on the Canadian banks’ financial results next week in what’s otherwise going to be a slow week for Canadian corporate earnings. Analysts say ongoing strength in the banks’ … Continue reading →

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Canadian bank earnings to moderate in 2012: Fitch

Posted on July 17, 2012 by Administrator

[written by Barbara Shecter, courtesy of NationalPost.com] Fitch Ratings is adding its voice to those warning that earnings growth for Canadian banks will moderate over the balance of 2012. Nonetheless, a mid-year report issued Monday by the ratings agency says … Continue reading →

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Canadian Banks Navigate Treacherous Waters

Posted on May 31, 2012 by Administrator

[written by Paul Weinberg, courtesy of pej.org] Potential storms are on the horizon for much praised, regulated and privately-owned Canadian banks which survived the 2008 financial meltdown unscathed, unlike some of their larger counterparts in the United States. During the … Continue reading →

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Scotiabank posts $1.46 billion profit

Posted on May 30, 2012 by Administrator

[written by The Canadian Press, courtesy of castanet.com] Bank of Nova Scotia (TSX:BNS) has reported a decrease in second-quarter profit from a year ago when the bottom line was helped by special items, but the results still came in slightly … Continue reading →

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Scotiabank set to sell Bay Street tower; landmark could fetch $1-billion

Posted on January 19, 2012 by Administrator

[written by Boyd Erman, courtesy of globeandmail.com] The country’s second-tallest skyscraper is poised to go on the auction block, and Canada’s commercial property market is so hot that the Toronto tower may fetch a $1-billion price, shattering the previous record … Continue reading →

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