11:48 AM EST - National Bank : Announced that it expects to record specific provisions of $12 million ($17 million before taxes) as well as a sectoral provision for credit losses of $183 million ($250 million before taxes) on its oil and gas producers and services loan portfolio in the second quarter 2016. The sectoral provision will reduce earnings per share by approximately 54 cents and common equity tier 1 ratio (CET1) by approximately 16 basis points in the second quarter 2016. National Bank
shares T.NA are trading down $0.67 at $41.86.
