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Episodes
Friday Feb 07, 2025
Friday Feb 07, 2025
The largest U.S. banks posted significant fourth-quarter revenue and profit gains. Earlier this month, U.S. banks reported positive earnings thanks in large part to busy trading during U.S. election season. Here at home, Canadian banks posted mixed earnings as mortgage renewals, rate cuts and credit loss provisions topped investor worries. What might be some of the headwinds for Canadian banks this year? And why does today's guest say this is the year of stabilization for banking sector? Joining the show today to unpack the latest in Canadian and U.S. financials, including what’s driving performance, and how tariffs may impact the sector in 2025 is Fidelity Equity Research Analyst, Thomas Goldthorpe.
Recorded on January 31, 2025.
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