Bankers buck gloomy trend by forecasting growth amid concerns about economic slowdown - The Globe and Mail

Bank of Nova Scotia and Bank of Montreal both reported higher second-quarter profits on Wednesday, underpinned by robust demand for personal and commercial loans as well as lower loan loss reserves than analysts anticipated

Bank of Montreal reported a modest increase in second-quarter profit on Wednesday.Nathan Denette/The Canadian Press Top executives at two major Canadian banks predict they can keep adding new loans … [+7081 chars]

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