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Scotiabank reports Q2 profit down from year ago, provisions for credit losses up

TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans. The bank reported a net income of $2.03 billion, compared with $2.09 billion a year earlier, as its provisions for credit losses rose […]


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