WRAPUP 2-Investors brace for more earnings decline, higher provisions at Canadian banks
Investors and analysts are
bracing for massive earnings declines at Canadian banks this
fiscal year, after second-quarter profits halved as they set
aside billions of dollars to cover loan losses from the
coronavirus pandemic and a struggling energy sector.
bracing for massive earnings declines at Canadian banks this
fiscal year, after second-quarter profits halved as they set
aside billions of dollars to cover loan losses from the
coronavirus pandemic and a struggling energy sector.
Posted by Reuters
