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Top related persons:
Pritam Biswas - 2 Chris Helgren - 1 Sunlife - 1 Suryansh Sharma - 1 Shilpi Majumdar - 1 Shounak Dasgupta - 1 Lincoln - 1 Carlos Osorio - 1
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Toronto , Ontario Canada U.S Bengaluru United States DentaQuest Asia Bank of Nova Scotia
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REUTERS - 2 Thomson - 2 Sun - 1 Morningstar - 1 DentaQuest - 1 Bank of Montreal - 1 Bank of Nova - 1 Bank of Canada's - 1

Search resuls for: "Nivedita Balu Pritam Biswas"


2 mentions found


☆ Canada's Sun Life beats profit estimates, boosted by asset management unit
  + stars: | 2023-11-13 | by ( Nivedita Balu Pritam Biswas | Nivedita Balu | Pritam Biswas | ) www.reuters.com   time to read: +2 min
REUTERS/Chris Helgren Acquire Licensing RightsNov 13 (Reuters) - Canada's Sun Life Financial (SLF.TO) on Monday reported better-than-expected quarterly profits, helped by growth at its wealth and asset management unit and higher fees. The insurer, however, reported a fall in underlying earnings hurt by weakness in the United States and fewer sales of personal health insurance. "The dental business reported middling results this quarter... short-term volatility is a part of this business, from a long-term perspective, the investment should be positive," Morningstar analyst Suryansh Sharma said. Sun Life said underlying earnings from its U.S. segment were down 19%. Underlying net income from wealth and asset management rose 9% to C$457 million.
Persons: Chris Helgren, Sunlife, Suryansh Sharma, Pritam Biswas, Shilpi Majumdar, Shounak Dasgupta, Lincoln Organizations: Sun, REUTERS, Morningstar, DentaQuest, Thomson Locations: Toronto , Ontario, Canada, United States, DentaQuest, U.S, Asia, Bengaluru
☆ BMO, Scotiabank miss profit estimates as bad loan provisions, costs rise
  + stars: | 2023-08-29 | by ( Nivedita Balu Pritam Biswas | Nivedita Balu | Pritam Biswas | ) www.reuters.com   time to read: +4 min
BMO, which bought U.S. regional lender Bank of the West earlier this year, said provision for credit losses rose to C$492 million ($361.42 million), compared with C$136 million a year ago. The bank's earnings were also affected by severance costs of C$162 million and C$83 million in legal provisions at its capital markets unit. At Bank of Montreal, net interest income for the quarter rose to C$4.91 billion, compared with C$4.20 billion last year. At Scotiabank net interest income fell to C$4.58 billion, from $4.68 billion a year ago, largely hurt by lower corporate lending and lower loan fees. At Scotiabank, net income came in at C$2.23 billion, compared with C$2.61 billion.
Persons: Carlos Osorio, Tayfun Tuzun, BMO's, Scott Thomson, Thomson, John Aiken, BMO's Tuzun, Nivedita Balu, Pritam Biswas, Sri Hari, Shweta Agarwal, Bernadette Baum, Mike Harrison, Jonathan Oatis Organizations: Bank of Montreal, REUTERS, Bank of Nova, Bank of Canada's, BMO, Bank, Scotiabank, Barclays, Bank of, Analysts, Thomson Locations: Toronto , Ontario, Canada, Bank of Nova Scotia, Toronto, U.S, Mexico, Bank of Montreal, Bengaluru
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