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General discussion => Current events => Topic started by: NewsHound on December 07, 2014, 12:40 PM

Title: Slumping oil prices threaten to reduce revenues at Canada’s top banks
Post by: NewsHound on December 07, 2014, 12:40 PM
Slumping oil prices threaten to reduce revenues at Canada’s top banks

Oil prices that reached a five-year low on Friday are starting to take a bite out of profits at TD Bank and raising concerns for the rest of the country's top lenders.

Source: Slumping oil prices threaten to reduce revenues at Canada’s top banks (http://globalnews.ca/news/1713180/slumping-oil-prices-threaten-to-reduce-revenues-at-canadas-top-banks/)