trump s alleged hush money scheme will soon have an unexpected witness as the manhattan district attorney weighs indicting the former president. and if he is arrested, trump s attorney warns of mayhem to come. china s president is making his first trip to moscow since the war in ukraine began. what xi jinping and vladimir putin hope to achieve at their meeting. the u.s. federal reserve is taking steps to keep cash flowing as major moves are being made to help restore confidence in the global banking system. good to have you with us. a day after donald trump urged supporters to protest his potential indictment in new york, his legal team has further stoked tensions by warning of unrest if the former president is arrested. let s see if they arrest him, but i ll tell you what, if they choose to do so for a misdemeanor, which frankly he didn t even do, it is going to cause mayhem, paula. it s just a very scary time in our country. i do think security should be in place if
following his first trip to the middle east. we ll go through what if anything was accomplished in his controversial visit with the saudi crown prince. good morning. and welcome to way too early. on this monday, july 18th. i m jonathan lemire. thanks for being with us. we begin with the latest fallout from the massacre that killed 19 children and two teachers in uvalde, texas. a damning investigative report released over the weekend said that nearly 400 law enforcement officials responded to the mass shooting but that quote egregiously poor decision making let the shooting continue for more than an hour. that report written by an investigative committee from the texas house of representatives is the first to criticize state and federal law enforcement for their role in the response. it makes the fullest account of what happened during the very worst school shootings in u.s. history. uvalde mayor don mclaughlin said the acting police chief during the shooting was placed on
Trading-Revenue Surge Gives a Boost to Canadian Banks' Earnings bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
RBC CEO Dave McKay, speaking at the bank's CEO conference, says he expects to see credit loss provisions peak this year as parts of the commercial side of lending remain strained.
Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest rates allowed them to charge more for loans, although rising loan loss provisions and deposit retention costs crimped margins. Shares of several regional banks fell, including M&T Bank and US Bancorp. Stronger net interest income (NII), the difference between what banks earn from lending and pay out on deposits, boosted profits at US Bancorp and M&T Bank Corp, allowing both lenders to beat Wall Street analyst estimates despite increasing provisions for potential loan losses.