US stocks ended Friday's trading session in the red, as the benchmark 10-year Treasury yields hovered just below 5%) stocks fell lower after reporting respective earnings. Yahoo Finance’s Julie Hyman and Josh Lipton weigh in on how net interest income is expected to hit regional banks amid rising deposit rates.
Blocking the deal is a clear step the government could take to address affordability concerns, Poilievre said in an interview to the newspaper. "If the biggest bank in Canada simply buys up a growing smaller player, then there's no hope of ever having more competition in Canadian banking," he told the newspaper. "If you remove HSBC, then you’ll be removing downward pressure on lending rates.
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