Canada’s biggest banks have been setting aside hundreds of millions of dollars in case customers can’t pay off their loans, including mortgages.This comes as economic uncertainty and the heightened cost of living weigh on Canadian households and businesses.Royal Bank of Canada, TD Bank, CIBC, Scotiabank, Bank of Montreal and National Bank reported quarterly earnings this week and all said they have topped up their loan loss provisions.At the same time, the banks have reported multi-billion-dollar profits i ...

TD Bank and BMO on Bay Street, Toronto, location of CanDeal HQCanadian fixed income trading platform CanDeal is launching a vendor due diligence service that will initially serve the six largest domestic banks, but could be expanded globally in the future.The new utility, built to service BMO, CIBC, National Bank of Canada, RBC, Scotiabank and TD Bank, aims to streamline third-party risk management and regulatory compliance. Jayson Horner, chief executive ...

Pearl Gray is a proprietary investment fund and independent market research firm. Our work on Seeking Alpha covers fixed-income, funds, preferred shares, and opportunistic calls on individual ordinary shares.Platform Author: Steve Booyens CFA, FRMSteve co-founded Pearl Gray in 2020. Due to his disfavour of narrative-based decision-making, he focuses on hidden macro, fundamental, and quant variables to identify both investing and trading alpha. He considers portfolio risk-return utility and managing position ...

Shares of Thomson Reuters Corp. rose 11.4% after it said one million professionals are using its CoCounsel AI technology. The stock had faced some pressure earlier this month, with investors weighing the potential impact of AI disruption.“We’re seeing a lot of companies investing hundreds of millions, if not billions, of dollars into AI and now to see Thomson Reuters really monetizing it at scale is very positive,” Gardner said.Separately, Scotiabank shares were down 0.7% on Tuesday after the lender reporte ...

He also emphasized ongoing technology investment, including increased focus on AI. Thomson cited “Ask AI,” an internal tool used for employee policy and product guidance, which processed over 450,000 queries in Q1 across multiple channels. He also referenced a Tangerine AML AI pilot that showed a 37% reduction in existing alert volumes , with the bank now designing an internal solution to improve precision and reduce false positives.Thomson said Scotiabank’s ROE is tracking ahead of its Investor Day expecta ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...

Scotiabank kicks off Canadian bank earnings with fiscal first quarter beat Proactive uses images sourced from Shutterstock Scotiabank (TSX:BNS) started the 2026 Big Five Canadian bank earnings season on a strong note, reporting broad-based growth across its domestic and international operations. For the first quarter, Scotiabank posted net income of C$2.3 billion, up from C$993 million in the same period last year. Diluted earnings per share (EPS) were C$1.73, compared with C$0.66 a year earlier. On an ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAris Bogdaneris - Group Head, Canadian BankingEbrahim Poonawala - Head Managing Director of American Banks ResearchFrancisco Aristeguieta - Group Head, International & Global Transaction BankingGabriel Dechaine - Managing Director, Equity ResearchMeny Grauman - Head of Investor RelationsRajagopal Viswanathan - CFOScott Thomson - CEOShannon McGinnis - Chief Risk OfficerTravis Manchin - Managing Director ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAris Bogdaneris - Group Head, Canadian BankingEbrahim Poonawala - Head Managing Director of American Banks ResearchFrancisco Aristeguieta - Group Head, International & Global Transaction BankingGabriel Dechaine - Managing Director, Equity ResearchMeny Grauman - Head of Investor RelationsRajagopal Viswanathan - CFOScott Thomson - CEOShannon McGinnis - Chief Risk OfficerTravis Manchin - Managing Director ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Speaker12Ladies and gentlemen, this conference is being recorded.Speaker10Good morning, welcome to Scotiabank's Q1 2026 results presentation. My name is Meny Grauman, and I'm Head of Investor Relations. Presenting to you this morning are Scott Thomson, Scotiabank's President and Chief Executive Officer, Rajagopal Viswanathan, our Chief Financial Officer, and Shannon McGinnis, our Chief Risk Officer. Following our comments ...