Bloomberg National Bank of Canada (NBC) became the sixth Canadian lender to beat analysts’ estimates, posting a 5.5 percent jump in profit on record earnings in personal and commercial banking and gains in wealth management. Net income for the fiscal third quarter ended July 31 rose to C$478mn ($365mn), or C$1.31 a share, from C$453mn, or C$1.28, a year earlier, ...

  Bloomberg Bank of Nova Scotia eliminated 827 jobs since the end of April, mostly in its Canadian business, as the lender reorganized to adapt to consumers embracing digital technology. The company had 88,783 workers in the fiscal third quarter, which ended July 31, down from 89,610 in the second quarter, when the bank took a C$278 million ($213 million) ...

  AFP The first female head at one of India’s biggest banks says a ruling forcing firms to appoint women directors to boards has eased chronically lopsided gender ratios — but warns too many firms are still failing to embrace diversity. State Bank of India (SBI) chairwoman Arundhati Bhattacharya said that the regulator’s moves to get rid of the “old boys’ ...