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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CANADA
- Initial bank earnings results have been mixed with Scotia and BMO up today.
- Scotia beat on adjusted EPS basis (C$1.69 vs 1.61) whilst BMO saw a sizeable miss (C$2.56 vs 3.02).
- Credit loss provisions were higher than expected, more notably for BMO although it remains lower than Scotia outright, whilst non-performing ratios increased for both vs Q4 – see table.
- National and RBC follow tomorrow with CIBC and TD on Thu.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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