Scotiabank, BMO hit by rising loan delinquencies

Scotiabank, BMO hit by rising loan delinquencies

Article content Earnings at Bank of Montreal and Bank of Nova Scotia were marred by increasingly cash-strapped consumers and businesses amid a challenging economic landscape. The two Toronto-based banks — the first of the big Canadian lenders to report fiscal first-quarter results — diverged in their results, with BMO missing estimates on lower capital-markets, insurance…

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