Bank CEOs maintain positive credit outlook despite Canada-U.S. trade war escalations - BNN Bloomberg
🤖 D.R.A.F.T. Summary
TORONTO — Canadian bank CEOs say their credit outlooks are still generally positive despite an escalating trade war, but they’re taking some precautions. Speaking at the Scotiabank Financials Summit being held in Toronto, RBC president and CEO Dave McKay says he is a little cautious due to the ongoing trade tensions, but the credit picture in the bank’s consumer and commercial segments is broadly improving.
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