- National-Bank of Canada reported a higher third-quarter profit, driven by strong performance in its wealth management and financial markets units.
- The Canadian-central-bank’s interest rate cuts in June and July have boosted trading and wealth-management activities for the country’s lenders.
- Net income from National-Bank of Canada’s financial markets unit increased by 55% year-on-year, totaling C$318 million in the third quarter.
Business

