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KM Financial Solutions | WRAPUP 3-Canadian banks expect subdued 2020 after dismal quarter wipes $15 bln of value
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WRAPUP 3-Canadian banks expect subdued 2020 after dismal quarter wipes $15 bln of value

04 Dec WRAPUP 3-Canadian banks expect subdued 2020 after dismal quarter wipes $15 bln of value

Posted at 19:03h in News by
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Canadian banks are bracing for another
year of muted earnings growth after disappointing quarterly
results erased about C$21 billion ($15 billion) from their
market values in the past week and closed out the worst year for
profit expansion since the financial crisis.

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