RBC, TD and CIBC Profit Beat Estimates

RBC, TD and CIBC Profit Beat Estimates

Assessment

Interactive Video

Business

University

Hard

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The video discusses the financial performance of major Canadian banks, focusing on TD Bank, RBC, BMO, and CIBC. It highlights their profit growth, credit provisions, and dividend changes. The impact of external factors like wildfires on RBC's mortgage portfolio is also covered. Additionally, the video addresses the trend of job cuts in the banking sector as banks shift towards technology to reduce costs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the wildfires have on the banks' portfolios?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Bank of Montreal's workforce is being cut?

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