WRAPUP 2-Muted 2020 outlook for Canada banks as 1st-qtr strength seen as temporary
Canadian banks’ first-quarter
outperformance, driven by volatile trading and advisory
revenues, is unlikely to continue for the rest of 2020,
particularly as interest rates remain low and the coronavirus
outbreak clouds the outlook, investors said.
outperformance, driven by volatile trading and advisory
revenues, is unlikely to continue for the rest of 2020,
particularly as interest rates remain low and the coronavirus
outbreak clouds the outlook, investors said.
Posted by Reuters
