Canadian Banks Set Aside More Money for Bad Loans

In this episode of the Canadian Investor Podcast, hosts Simon and Dan delve into the latest financial headlines, starting with the meteoric rise of Bitcoin against various fiat currencies. 

They then analyze the challenges facing New York Community Bank amidst its exposure to commercial real estate, questioning its survival prospects. 

Finally, the duo provides a comprehensive review of the recent earnings reports from major Canadian banks including RBC, TD, CIBC, and National Bank, offering insights into their performance and implications for investors. 

Tickers of stocks discussed: NYCB, TD.TO, RY.TO, CM.TO, NA.TO

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