Phil Thomas
Phil Thomas is the Chief Risk Officer at Scotiabank, where he plays a crucial role in assessing the bank's risk exposure, particularly in the context of economic uncertainties and potential trade disputes. Recently, he provided insights during a conference call about the bank's provisions for credit losses amid rising tariffs and geopolitical tensions affecting the Canadian economy.
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Canada:
At Scotiabank, chief risk officer Phil Thomas said: 'If I look at where we are now versus where we were last quarter: some big improvements, particularly on the retail side.'
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Canada:
Phil Thomas, chief risk officer at Bank of Nova Scotia, says retail banking customers could take the hardest hit if the United States prolongs its trade war with Canada.
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Canada:
Phil Thomas is the chief risk officer at Scotiabank who discussed the bank's provisions for credit losses during a conference call.
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