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Bank plans to focus on personal and small business banking markets

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Dave McKay told analysts Wednesday that the economy could still suffer some blows

The bank was weighed down by support it offered through mortgage, credit card and personal loan programs

Toronto skyline in financial district

The bank has announced its capital markets energy business will now focus only on the Canadian energy sector

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The central bank sees increasing challenges for both banks and companies as the pandemic wears on

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Google is coming after the traditional banking business with a new digital bank account

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Rania Llewellyn will take the lead at the bank starting Oct. 30, 2020

  • By: Staff
  • October 20, 2020 October 20, 2020
  • 11:10
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Traditional retail and commercial lending business are under pressure

Toronto skyline in financial district

Covid-19 has intensified challenges facing the banking sector, according to a report

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European regulators warn of risk, uncertainty and tough conditions ahead