National Bank of Canada reported its third-quarter profit fell compared with a year ago as it was hit by higher provisions for credit losses due to a less favourable economic outlook.
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National Bank reports third-quarter profit down from year agoThe Montreal-based bank says it earned net income of $826-million or $2.35 per diluted share for the quarter ended July 31, as it was hit by higher provisions for credit losses
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National Bank profit dips slightly from a year agoNet income slipped 2% year over year to $826 million as the bank set aside more cash for bad loans. Find out more.
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National Bank profit dips slightly from a year agoNet income slipped 2% year over year to $826 million as the bank set aside more cash for bad loans. Find out more.
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Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: German chancellor visit German Chancellor Olaf Scholz is visiting Canada this week. Scholz and Prime Minister Justin Trudeau are expected set to sign a hydrogen agreement in Stephenville, N.L., during the trip. Bank results Canada's big banks will start reporting their third-quarter financial results this week. Scotiabank is first out of the gate when it reports on Tuesday, followed by RBC and National Bank on
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Royal Bank third-quarter profit fallsCanada’s second-biggest lender posted earnings per share of $2.51 in the latest quarter, compared with $2.97 in the same period a year earlier
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Senior says ‘life was stolen’ after daughter, son-in-law clear out bank accountsLillian Thomey is the picture of financial elder abuse and its consequences. The 80-year-old struggles with debt and is living in shared accommodations in a seniors complex, years after her daughter and son-in-law stole her money.
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