Bloomberg Business

National Bank Grows Tech Book With SVB’s Canadian Portfolio

National Bank of Canada’s deal for Silicon Valley Bank’s Canadian commercial loan portfolio will give it more exposure to higher growth industries and still leave the Montreal-based lender with enough capital to take a run at Laurentian Bank, according to analysts.

JetBlue’s Profit Warning Fuels Concern Over US Travel Demand

JetBlue Airways Corp. slashed its full-year profit forecast over signs of a slowdown in domestic demand, becoming the latest carrier to warn of a shift toward international routes and renewing questions about the durability of a post-pandemic surge in US travel.

Close Bitnami banner
Bitnami