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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: July 19, 2023
Those who overlook history
Like today, soft-landing hopes were all the rage in the summer of 2007 too. The US Fed tightened its overnight rate from 1% in May 2004 to 5.25% by June 2006 and then paused there for 15 months. As the … Continue reading
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