Friday, December 23, 2005

Cdn Banks Post Solid Profits in 2005 Despite Enron Charges

Canadian Press, Rita Trichur, 24 December 2005Toronto (CP) - The Canadian banking industry got sideswiped by the Enron scandal in 2005 after three of the country's six-biggest banks took billions of dollars in charges for their liabilities in related lawsuits.Nevertheless, the industry affirmed its resiliency by mustering record profits as vigorous mortgage and consumer lending, along with

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