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Financials News

RBC hikes dividend as quarterly profit climbs to record $2.4B

Royal Bank of Canada continued the bull run for Canadian banks, reporting yet another quarter of record profit.

Posted on 8-22-2014 at 6:54 AM

Canadian banks: Tortoise or hare?

In his latest preview on the Canadian banks called ‘For Now, Still More Tortoise than Hare’ John Aiken, Director of Global Research at Barclays breaks down what investors should expect from...

Posted on 8-21-2014 at 12:15 PM
Bank of America settles mortgage probes for $16.65B

Bank of America settles mortgage probes for $16.65B

Bank of America Corp. has reached a $16.65-billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities.

Posted on 8-21-2014 at 9:49 AM

Time to head to the banks: Andrew McCreath

Canadian banks earning season is set to begin, and the numbers are expected to be good.

Posted on 8-18-2014 at 11:53 AM

Sustained rally expected to boost Big Six banks’ bottom lines

Even the skeptics are giving up. Canada’s biggest banks are on a roll, and very little in the current landscape seems capable of slowing them down.

Posted on 8-17-2014 at 9:47 PM

TD’s Mendonca named ‘TopGun’ analyst of the year

Coverage of six banks and five insurance companies at Canaccord Genuity, many of them ranking in the top 20 companies by market cap, had to be briefly halted because Mario Mendonca left the...

Posted on 8-15-2014 at 1:40 PM
Canada’s big banks posting stagnant growth in insured mortgages

Canada’s big banks posting stagnant growth in insured mortgages

Canada’s largest banks, as a whole, have seen almost no growth in their insured mortgage portfolios recently, Macquarie Capital Markets analyst Asim Imran discovered.

Posted on 8-13-2014 at 6:23 AM
Financial fraud regulation lacks national strategy, group argues

Financial fraud regulation lacks national strategy, group argues

Canada needs a national strategy to combat financial fraud, including a centralized system to collect data on fraud complaints and investigations,according to new report by investor...

Posted on 8-11-2014 at 2:28 PM

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