MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045 (BNKD)

BMO Investments Inc. announced a special reinvested distribution for unitholders of its Global Health Care Fund and Global Infrastructure Fund ETF Series, where distributions will be automatically reinvested in additional fund units without cash payment.

Groupe Colabor Inc. has secured temporary tolerance agreements with its main lenders and Investissement Québec, allowing the company to defer certain financial commitments for Q3 and Q4 2025 following a July cybersecurity incident.

UBS analysts have a cautiously optimistic outlook on Canadian banks, recommending buys on Royal Bank of Canada and National Bank of Canada due to their strong balance sheets and diversified business mix, while maintaining neutral ratings on the other four major banks amidst macroeconomic challenges.

There was growing uneasiness on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.

Although the worst of the crisis may very well be over, you’re going to see this affect the economy through tighter lending standards. Monetary policy notoriously has long and variable lags.