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Bank Bonuses Climb 9% in Canada, at Odds With Bay Street Blues

Bank Bonuses Climb 9% in Canada, at Odds With Bay Street Blues
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Scotiabank s U S loan growth dulls its capital markets pain

The Canadian banking giant reported a 22% increase in loan balances, with the largest contribution coming from the United States. The surge in lending helped to compensate for weakness in debt and equity issuances.

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