S&P/TSX composite down in late morning trading, U.S. stock markets higher
The S&P/TSX composite index was down 33.41 points at 20,228.66.
Source: globalnews.ca
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S&P/TSX composite up nearly 150 points, U.S. stock markets also rise – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
OSFI raises capital requirements for big banks to 3.5% amid higher debt levels | iNFOnews
OTTAWA - Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.
Source: infotel.ca
OSFI ups domestic stability buffer for big banks by half a percentage point to 3.5% – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
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Analysts lower profit expectations for banks as pressure grows to increase provisions for loan losses
The Big Six banks are set to release results for the fiscal second quarter this week, with earnings per share expected to drop 8 per cent to 9 per cent year-over-year
Source: theglobeandmail.com