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Financials News

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JPMorgan profit plummets

JPMorgan Chase & Co reported a far weaker-than-expected quarterly profit as revenue from securities trading fell in a climate of uncertainty about the strength of the economic recovery...

Posted on 4-11-2014 at 7:53 AM
Toronto-Dominion tops Canada banks on U.S. bet

Toronto-Dominion tops Canada banks on U.S. bet

Toronto-Dominion Bank Chief Executive Officer Ed Clark is showing Canadian rivals that you can bet on the U.S. without risking your stock.

Posted on 4-09-2014 at 11:49 AM
Scotiabank CEO says expanding credit card business a priority

Scotiabank CEO says expanding credit card business a priority

Bank of Nova Scotia has historically underperformed when it comes to credit cards and will make expanding that business in Canada a priority, Chief Executive Officer Brian Porter said.

Posted on 4-08-2014 at 2:55 PM
National Bank goes West amid energy resurgence

National Bank goes West amid energy resurgence

National Bank of Canada is holding its annual meeting in Calgary for the first time as the lender's decades-long quest to diversify beyond its home province of Quebec gains traction.

Posted on 4-01-2014 at 8:48 AM
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Citigroup fails Federal Reserve's stress test

The U.S. Federal Reserve on Wednesday rejected Citigroup’s planned payout to shareholders because of shortcomings found in its annual check-up of the financial health of the country’s...

Posted on 3-26-2014 at 4:45 PM
Fund manager AGF sees profit rise as expenses fall

Fund manager AGF sees profit rise as expenses fall

Fund manager AGF Management Ltd. reported a 10-percent rise in quarterly profit as lower stock compensation expenses more than offset the impact of a decline in revenue.

Posted on 3-26-2014 at 9:30 AM

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