(Bloomberg) Canadian banks delivered surprisingly good earnings last week because of lower-than-expected credit losses. They’ll find it harder to repeat that…
Bank of Nova Scotia and Bank of Montreal, Canada’s third- and fourth-largest lenders, got a boost last quarter as the nation’s businesses increased borrowing to meet customer demand.
Bank of Nova Scotia and Bank of Montreal got an earnings boost with commercial clients ramping up their borrowing as economies emerged further from the pandemic.
(Bloomberg) The next few years promise to be volatile for credit markets as interest rates start to rise, but there’s one asset class set to continue thriving.
Private credit’s assets under management could surge about 70% to $1.