WatchNational joins other big banks in beating profit expectations

MONTREAL — National Bank of Canada is reporting $518 million of net income for its third quarter, up eight per cent from last year.The profit is equal to $1.37 per common share of net income or $1.39 per share after excluding certain items.The Montreal-based company’s total revenue was up eight per cent at $1.68 billion.Domestic growth buoys results at Scotia and BMONet income at its personal and commercial banking arm rose 21 per cent from last year to $240 million while net income from wealth management was up 31 per cent at $106 million.CEO Louis Vachon says revenue growth and cost controls contributed to National Bank’s third-quarter performance.National Bank continues a trend that began last week, when Royal Bank and CIBC began the industry’s third-quarter earnings season with results that were above analyst estimates.They were followed by strong results issued by Scotiabank and Bank of Montreal on Tuesday. Toronto-Dominion Bank issues its results on Thursday before markets open. read more

True strength How Londoners have been keeping calm and carrying on after

first_imgLondoners have been showing bravery and calm in the hours after the terror attack which rocked the city.People have been writing inspirational messages on Tube signs, opening their homes, offices and places of worship to those in need and giving out food and tea to emergency service workers.A sign at Oval said: “Anyone can give up, it’s the easiest thing in the world to do. But to hold it together when everyone else would understand if you fell apart, that’s true strength. Evacuate? Well, OK. But this beer cost £6 a pint. I’m taking it with me. #LondonBridge— Andrew Brooks (@taxbod) June 4, 2017 The Telegraph’s Eleanor Steafel spotted supermarket workers near the scene in Borough handing out food to police officers.Two guys from Sainsbury’s on Borough High Street are going around with a pair of trolleys delivering food to police officers. Sainsbury’s staff are bringing sandwiches and snacks to the police #LondonBridge— Alice Ross (@aliceross_) June 4, 2017 Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. And the local priest brings out tea #LondonBridge— Gawain Towler (@GawainTowler) June 4, 2017 On Saturday night, Sikhs opened their temples to those in need, offering food, shelter and help.Gurdwaras across London were available to those who affected by the attack. Others living in the area also offered their homes as refuge. The awkward moment after you say goodbye to someone and you both walk in the same direction. #ThingsThatLeaveBritainReeling— Sam (@sxmwillixms) June 4, 2017 Finding a free U2 album sitting unasked for in your iTunes library. #ThingsThatLeaveBritainReeling— Paul Sharp (@Petersbrooking) June 4, 2017center_img And this man made sure he didn’t spill his pint as he ran from terror. People who don’t respect correct tea strength etiquette #ThingsThatLeaveBritainReeling— Faith Crummack (@FaithCrummack) June 4, 2017 These are the gurdwara in near the incidents if anyone is need of shelter and food or can’t get to their hotel #LondonBridge #BoroughMarket— ਰੌਕੀ ਿਸੰਘ (@RockySingh) June 3, 2017 Writer JK Rowling and others  have hit out at The New York Times for claiming that the UK is “reeling” after the terror attacks in Manchester and London Bridge.Many have pointed out that London and the rest of the UK are mourning their dead but not “reeling” and that life is going on as usual.Some have said that to “reel” and create an atmosphere of fear is what the terrorists want and that to say British people are “cowed” or “reeling” is letting them win.Rowling tweeted. “The thugs who mowed down innocent people would love to think of the UK ‘reeling’ but it isn’t. Don’t confuse grief with lack of courage.”The hashtag #ThingsThatLeaveBritainReeling trended:  Someone standing ambiguously near the back of a queue, but not quite in it.#ThingsThatLeaveBritainReeling— SadfaceOtter (@SadFaceOtter) June 4, 2017 Sunday 4th June Thought Of The Day From Oval & Clapham North Stations #LondonBridge #LondonIsOpen— Oval Tube Station (@Oval_station) June 4, 2017 “We’re not open until midday but we just wanted to give them some food because some of them have been working overnight,” one of them said.”We have told them they can use our canteen and toilets if they need to throughout the day.”A local priest gave out tea to police officers. People who stand to the left on the Tube escalator #ThingsThatLeaveBritainReeling— Olivia Solon (@oliviasolon) June 4, 2017last_img read more