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Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
Daily Archives: April 10, 2014
April is distracted driving awareness month
According to research, 57 percent of drivers admit to texting while driving. This month Verizon Wireless has launched a campaign to raise awareness and encourage the public to take precautions to stay safe behind the wheel and to help spread … Continue reading
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New anti-HFT exchange coming to Canada
High-frequency trading firms have been ripping off investors in the $22 trillion U.S. stock market by paying large firms like Goldman Sachs for the right to trade in the secrecy of “dark pools”, paying stock exchanges to purchase locational advantage … Continue reading
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Banks win again: derivatives rule evaporated
Millions in political lobbying have paid off yet again for the too big to bail and jail banking sector. Meanwhile the derivatives market (now estimated at $693 trillion!) continues to balloon in size and threat to tax payers and the … Continue reading
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