WRAPUP 3-Canadian banks expect subdued 2020 after dismal quarter wipes $15 bln of value
Canadian banks are bracing for another
year of muted earnings growth after disappointing quarterly
results erased about C$21 billion ($15 billion) from their
market values in the past week and closed out the worst year for
profit expansion since the financial crisis.
year of muted earnings growth after disappointing quarterly
results erased about C$21 billion ($15 billion) from their
market values in the past week and closed out the worst year for
profit expansion since the financial crisis.
Posted by Reuters
