Friday, March 07, 2014 12:00 AM - Reuters
Visa Inc. and MasterCard Inc., the world's two largest payment networks, have formed a new cross-industry group to improve payment system security following a number of high-profile data breaches.
Thursday, March 06, 2014 12:00 AM - Doug Alexander, Bloomberg
Bank of Nova Scotia, Canada’s third- largest lender, awarded Richard
Waugh $11.1 million in total compensation in his final year as chief
executive officer, the same as in 2012.
Wednesday, March 05, 2014 12:00 AM - Andrea Hopkins, Reuters
Laurentian Bank of Canada said on Wednesday its first-quarter adjusted profit was little changed from a year earlier, in line with expectations, as the bank battles headwinds from consumer deleveraging and compressed margins.
Tuesday, March 04, 2014 12:00 AM - Steve Slater, Reuters
JPMorgan, Citigroup and four more major banks have signed up with an industry group to develop a central register of information on other banks they deal with to help to meet increasing compliance demands and costs.
Tuesday, March 04, 2014 12:00 AM - Cameron French, Reuters
Bank of Nova Scotia on Tuesday reported a 6 percent rise in profit on the back of recent acquisitions and higher lending volumes, and it increased its quarterly dividend.
Thursday, February 27, 2014 12:00 AM - BNN.ca staff
Dan Werner, Equity Analyst at Morningstar, reviews the first-quarter earnings of CIBC and TD - and says he's concerned about overpriced Canadian housing and rising impaired housing loan levels.
Thursday, February 27, 2014 12:00 AM - Tim Kiladze, The Globe and Mail
Echoing its peers, TD's bottom line grew because of continued strength in Canadian personal and commercial banking, as well as sizable earnings in wealth management.
Wednesday, February 26, 2014 12:00 AM - Bertrand Marotte, The Globe and Mail
Caisse de depot et placement du Quebec posted a 13.1 percent return in 2013, boosted by rebounding equity markets and a new investment strategy focused on large businesses exposed to global growth.
Wednesday, February 26, 2014 12:00 AM - Katharina Bart, Reuters
Credit Suisse's chief executive will hit back at allegations the Swiss bank was a willing accomplice in U.S. tax evasion on Wednesday, blaming instead a small group of its private bankers for helping Americans conceal their wealth.
Wednesday, February 26, 2014 12:00 AM - Tim Kiladze, The Globe and Mail
Royal Bank of Canada continued its run of solid earnings by reporting a first quarter profit of $2.09-billion.