Canadian earnings roundup: Banks invest in tech
Canadian banks increased non-interest expenses in the third quarter as investment in technology and personnel drove up costs. The $1.4 trillion Royal Bank of Canada (RBC) increased its non-interest expenses 22% year over year to $5.8 billion; $312 billion National Bank of Canada (NBC) grew its non-interest expenses 8% YoY to $3.3 billion; and $923 […]
