Bank executives see the credit situation as manageable for C...
Bank executives see the credit situation as manageable for Canadian clients due to savings and reduced discretionary spending. BMO's CFO expects eventual interest rate cuts to ease consumer pressure, but anticipates higher delinquencies in the meantime.
Rising Loan Delinquencies Hurt BMO, Scotiabank Earnings
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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