Friday, May 24, 2013 12:00 AM - Bertrand Marotte, The Globe and Mail
Royal Bank of Canada has released a code of conduct that lays out more stringent conditions for doing business with outsourcing companies after last month’s controversy over the hiring of temporary foreign workers.
Friday, May 24, 2013 12:00 AM - Brady Yauch, BNN.ca staff
Toronto Dominion and National Bank kicked off second-quarter bank earnings season with solid, yet unspectacular results. While neither of the banks overly surprised investors, they both highlighted the ongoing slowdown in the Canadian economy -- particularly the housing and consumer markets -- and that the banks seem capable of absorbing that headwind.
Friday, May 24, 2013 12:00 AM - Brady Yauch, BNN.ca
Colleen Johnston, the chief financial officer at TD Bank, tells BNN why calls to 'short Canada' are off the mark.
Friday, May 24, 2013 12:00 AM - Euan Rocha, Reuters
National Bank of Canada reported a 6-percent increase in its operating profit on Friday, while also outlining plans to buy back shares and raise its quarterly dividend.
Thursday, May 23, 2013 12:00 AM - Lauren Tara LaCapra, Reuters
After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc. CEO Lloyd Blankfein claimed success in putting his bank and his legacy back on track.
Thursday, May 23, 2013 12:00 AM - Huw Jones, Reuters
Britain's Financial Conduct Authority (FCA) said it has fined a wealth management unit of U.S. bank JPMorgan Chase 3.08 million pounds ($4.6 million US) for being unable to show it was giving clients the right advice.
Thursday, May 23, 2013 12:00 AM - Cameron French, Reuters
Toronto-Dominion Bank reported a 2-percent increase in quarterly earnings as higher trading, business lending and U.S. banking income offset slowing loan growth in its core Canadian market.
Wednesday, May 22, 2013 12:00 AM - Ellen Freilich, Reuters
The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off.
Wednesday, May 22, 2013 12:00 AM - Dmitry Zhdannikov and Claire Milhench, Reuters
Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than at Wall Street's biggest banks.
Tuesday, May 21, 2013 12:00 AM - Huw Jones, Reuters
E.U. regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.