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TORONTO 鈥?Canadian banks will continue putting aside massive amounts of cash to cover unpaid or bad loans in their second quarters, but the totals won ;t be nearly as high as they were in the previous quarter, analysts say.The greatest amount of investor focus is going to be on credit, even though we are not going to see any real uptick in impairments, Barclays analyst John Aiken to
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ld The Canadian Press.I t
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hink that will be a bit of a sigh of relief for investors. ARTICLE CONTINUES BELOW His prediction 鈥?mirrored by several other analysts 鈥?comes as Canada six largest and most prominent banks are due to report their third-quarter earnings this week.The banks have continued to face pressure in the quarter as the COVID-19 pandemic continues to wreak havoc on the economy, employment and investments. ARTICLE CONTINUES BELOW They have tried to rise to the occasion by offering mortgage and loan deferrals, but both measures have weighed down their earnings, eaten into their margins and pushed them to collectively allocate about $10.9 billion in provisions for credit losses.This quarter, Aiken said, the question is going to be: where is gr
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owth coming from ARTICLE CONTINUES BELOW The banks are facing a lot of challenges because of the low rate environment, because of the liquidity Wfln Friends of History Announces Annual Parade of Trees Kick Off
OSWEGO 鈥?ABC News anchor/correspondent T.J. Holmes, a regular on the networks top-rated morning show Good Morning America, will keynote SUNY Oswegos 28th annual Martin Luther King Jr. Celebration at 6 p.m. Jan. 26, in Tyler Halls Waterman Theatre.T.J. HolmesIn his 17-year journalism career, Holmes has reported around the country and the world on major news events: the poaching crisis in South Africa; the Summer Olympics in Athens, Greece, in 2004 and most recently, in Rio de Janeiro; and presidential elections, as well as both party nominating conventions last year. As an internationally renowned news anchor and journalist, T.J. Holmes has seen firsthand
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the great challenges that face people around the world, said Dan Roberts, associate dean of students and chair of the colleges Diversity and Inclusion Committee. placement_509781_0_iw
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idth:100%;margin:0 auto; In each instance, whether it be his coverage of natural disasters or terrorist attacks, he has seen the
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power we as people have to overcome adversity through unity and our shared humanity, Roberts said. T.J.s ability to share these inspirational experiences will no doubt empower all those that attend this years Martin Luther King Jr. celebration. Prior to joining ABC, Holmes spent five years as anchor of CNN Saturday/Sunday Morning and anchored significant news stories at CNN, including Saddam Husseins execution in 2006 and the terrorist attacks in Mumbai, India, in 2008 and at Glasgow Airport in 2007.He also rep