Banking industry – Investment Executive https://uat-phoenix.investmentexecutive.com Canada's news source for financial professionals Wed, 07 Dec 2022 00:14:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Banking industry – Investment Executive https://uat-phoenix.investmentexecutive.com 32 32 Big Six banks’ outlook deteriorating: Fitch https://uat-phoenix.investmentexecutive.com/news/research-and-markets/big-six-banks-outlook-deteriorating-fitch/ Tue, 06 Dec 2022 19:28:59 +0000 https://www.investmentexecutive.com/?p=457040 Higher net interest income may be the only bright spot for Canadian banks in 2023

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]]> Banking alliance distances itself from UN campaign over emissions targets https://uat-phoenix.investmentexecutive.com/news/industry-news/banking-alliance-distances-itself-from-un-campaign-over-emissions-targets/ Tue, 06 Dec 2022 14:21:37 +0000 https://www.investmentexecutive.com/?p=457019 Canada's big banks said they're still focused on net-zero commitments

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]]> Fed tackles banks’ climate-related risks https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/fed-tackles-banks-climate-related-risks/ Fri, 02 Dec 2022 21:31:42 +0000 https://www.investmentexecutive.com/?p=456890 Agency issues proposed principles for large banks to address climate risks

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]]> Outlook for global banks stable in 2023: Moody’s https://uat-phoenix.investmentexecutive.com/news/research-and-markets/outlook-for-global-banks-stable-in-2023-moodys/ Fri, 02 Dec 2022 17:16:09 +0000 https://www.investmentexecutive.com/?p=456794 Margin expansion, strong balance sheets to offset rising loan losses

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]]> Banks outline downturn prep while still talking growth https://uat-phoenix.investmentexecutive.com/news/industry-news/banks-outline-downturn-prep-while-still-talking-growth/ Thu, 01 Dec 2022 19:47:09 +0000 https://www.investmentexecutive.com/?p=456754 Strategies were discussed during earnings calls

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]]> BMO reports Q4 profit, raises dividend https://uat-phoenix.investmentexecutive.com/news/industry-news/bmo-reports-q4-profit-raises-dividend/ Thu, 01 Dec 2022 19:10:17 +0000 https://www.investmentexecutive.com/?p=456751 The bank's bottom line was boosted by Bank of the West acquisition

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]]> TD reports earnings up as it sees growth in margins and loans https://uat-phoenix.investmentexecutive.com/news/industry-news/td-reports-earnings-up-as-it-sees-growth-in-margins-and-loans/ Thu, 01 Dec 2022 18:31:31 +0000 https://www.investmentexecutive.com/?p=456749 The bank is putting more bankers, advisors on the street, CFO says

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]]> CIBC reports Q4 profit down from year ago, raises quarterly dividend https://uat-phoenix.investmentexecutive.com/news/industry-news/cibc-reports-q4-profit-down-from-year-ago-raises-quarterly-dividend/ Thu, 01 Dec 2022 16:40:43 +0000 https://www.investmentexecutive.com/?p=456709 In wealth management, commission revenue was negatively affected by market performance, lower client activity

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]]> Scotiabank reports $2.09B Q4 profit, down from $2.56B a year ago https://uat-phoenix.investmentexecutive.com/news/industry-news/scotiabank-reports-2-09b-q4-profit-down-from-2-56b-a-year-ago/ Tue, 29 Nov 2022 16:44:01 +0000 https://www.investmentexecutive.com/?p=456546 AUM, wealth management revenue dropped amid challenging market conditions

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]]> RBC to buy HSBC Canada https://uat-phoenix.investmentexecutive.com/news/industry-news/rbc-to-buy-hsbc-canada/ Tue, 29 Nov 2022 12:51:16 +0000 https://www.investmentexecutive.com/?p=456526 HSBC signalled it was looking to sell its Canadian business back in October

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