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Financials News

After a record run of profits, Canada’s Big Six banks brace for shift
Canadian banks’ record run of profits is finally showing signs of cooling as the number of high growth businesses dwindles, prompting them to prepare for a challenging year ahead.
Posted on 12-01-2014 at 8:43 AM
After stress tests, tougher questions coming for Europe's banks from ECB

After subjecting European banks to year-long "stress tests" of their balance sheets, the ECB is now planning a deeper examination to see whether their businesses are sufficiently profitable, efficient and well-run.

Posted on 12-01-2014 at 8:06 AM
RBC to cut jobs, shake up wealth management unit
RBC is expecting some job losses as it plans to exit its Caribbean operations, certain international advisory and international private banking groups in Canada and the U.S.
Posted on 11-21-2014 at 8:07 AM
Banking culture breeds dishonesty, scientific study finds
A banking culture that implicitly puts financial gain above all else fuels greed and dishonesty and makes bankers more likely to cheat, according to the findings of a scientific study.
Posted on 11-20-2014 at 7:33 AM
Long-term car loans a worrying trend for auto, financing industry
There is growing concern among senior executives in the auto and financing industry about long-term loans that some car companies are offering to entice buyers and boost sales.
Posted on 11-20-2014 at 6:31 AM

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