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Financials News

Slight growth expected for banks as threat from plunging oil weakens
As the banks get ready to report their fiscal second-quarter results this week, the threat from oil has largely gone quiet and share prices have begun to recover. Is there smooth sailing ahead?
Posted on 5-24-2015 at 11:04 PM
Closing Report: TSX falls, ending three-day streak, as banks weigh
Canada's main stock index ended lower on Wednesday, snapping a three-day winning streak, as banks led a broad retreat offset by gains in oil and gas shares.
Posted on 5-20-2015 at 4:28 PM
Big banks plead guilty to rigging currency markets, fined $5.7B
Authorities fined five of the world's largest banks, including JPMorgan Chase & Co and Citigroup Inc., roughly $5.7 billion US, and four of them agreed to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, the U.S. Department of Justice said on Wednesday.
Posted on 5-20-2015 at 10:21 AM
Canadians turning to peer-to-peer Web loan providers
As Canadians rack up credit at a record pace, a new type of lender – with a technological twist – is emerging as yet another borrowing option.
Posted on 5-15-2015 at 7:43 AM
TD Bank appoints Beata Caranci chief economist
Caranci becomes the only female chief economist at one of Canada’s five biggest banks, replacing Craig Alexander who is joining the C.D. Howe Institute.
Posted on 5-11-2015 at 10:19 PM
Manulife boosts dividend as profit falls
The insurer also said it would increase it quarterly dividend by 10 per cent, or 1.5 cents per share, to 17 cents per share.
Posted on 5-07-2015 at 8:04 AM
Fairfax reveals more details about insider-trading probe
Fairfax Financial Holdings Ltd. said the insider-trading probe of the company and Chief Executive Officer Prem Watsa is tied to the 2011 takeover offer by Resolute Forest Products Inc. for shares of Fibrek Inc.
Posted on 4-30-2015 at 6:37 PM

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