News Formal

U.S. banking crisis casting chill over Canadian banks heading into earnings this week

  • 📰 financialpost
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 85%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. bank failures have invited additional scrutiny of Canada\u0027s biggest banks, especially those with operations in the U.S. Find out more.

“With recent banking failures in the U.S., the banks are likely to be more cautious on loan growth in the near term,” Holden wrote in a May 15 note.

Royal Bank of Canada senior economist Josh Nye meanwhile flagged that the crisis was having a ripple effect on U.S. lending.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines