Earnings per share for the six biggest U.S. banks are expected to be down about 10% from a year earlier, analyst estimates show
Trading income, a silver lining in the previous quarters, could suffer from lower equities trading in the first quarter versus a year earlier, partially offset by strength in fixed-income, currencies and commodities , analysts said.
As interest rates rise, banks make more money on borrowers’ interest payments than they pay out to depositors.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia charges Wall Street Journal reporter with espionageJailed Wall Street Journal reporter Evan Gershkovich has been charged with espionage in Russia and has entered a formal denial.
Read more »
Premarket: Wall Street futures muted after jobs data raises odds of more rate hikesMarkets in Europe, Hong Kong remain closed for the Easter holiday
Read more »
U.S. inflation data to test market’s bets on future Fed easingClosely watched report could help settle one of Wall Street’s most pressing questions
Read more »
Cyclist hit by TTC streetcar in Little Portugal suffers ‘serious’ injuriesA cyclist is in hospital after being hit by a streetcar in Little Portugal on Saturday afternoon, police say.
Read more »
The Week Ahead: BoC policy announcement; Turquoise Hill earnings - BNN BloombergA look at what investors will be watching in the upcoming week.
Read more »
Animal tranquilizer found in only small portion of Island street-drug supplyOf more concern on the Island is the presence in opioid samples of benzodiazepines, which, like xylazine, do not respond to naloxone.
Read more »