The earnings season on Wall Street has so far shown less impressive results for the banking sector than many analysts were hoping for and Canada’s big six banks may follow suit.
The earnings season on Wall Street has so far shown less impressive results for the banking sector than many analysts were hoping for and Canada’s big six banks may follow suit. Barclays Capital Markets’ John Aitken wrote in a client note that having seen some strong capital gains in the last quarter he does not see the factors that have been positive for US banks to “carry north of the border”.
