Q: Thoughts on the Canadian Banking sector and specifically CIBC. Seems like the banks are fairly 'flexible' in what they choose to include in there Adjusted Earnings.
Generally Loan Loss provisions have increased? That would seem to suggest they seem storm clouds on the horizon -Mortgage debt renewal pulling money out of the economy is obvious headwind. Were they bailed out by strong capital markets?
Generally Loan Loss provisions have increased? That would seem to suggest they seem storm clouds on the horizon -Mortgage debt renewal pulling money out of the economy is obvious headwind. Were they bailed out by strong capital markets?