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Financials News

RBC, TD join top banks in using bitcoin technology
Thirteen top banks, including Royal Bank of Canada and Toronto-Dominion Bank, have joined a consortium led by financial tech firm R3 that is working on a framework for using blockchain technology in markets, a spokesman for the firm said on Tuesday.
Posted on 9-30-2015 at 11:24 AM
Banks could lose 60% of retail profit to fintech startups: Study
Banks could lose up to 60 per cent of their retail profits to nimble fintech firms within the next decade, according to global consultancy McKinsey & Co.
Posted on 9-30-2015 at 9:30 AM
5 questions with Tangerine Bank’s Peter Aceto
Tangerine Bank is committed to being on the cutting edge of financial technology but the man at the helm of the business is a huge fan of retro music from the 1980s. Kristina Partsinevelos caught up with Peter Aceto to find out more about the man behind the online bank.
Posted on 9-24-2015 at 10:21 AM
Goldman CEO Blankfein says he has 'highly curable' form of cancer
Lloyd Blankfein, the chairman and chief executive officer of Goldman Sachs Group Inc, said on Tuesday he had a "highly curable" form of cancer and would be able to work mostly as normal during treatment.
Posted on 9-22-2015 at 2:14 PM
JPMorgan third-quarter trading revenue down like other firms, CEO says
Dimon, speaking at an investor conference, did not give a percentage change for JPMorgan.
Posted on 9-18-2015 at 12:28 PM
CIBC restructures wholesale banking division
CIBC is reorganizing its wholesale banking operations with a slate of leadership changes designed to bolster the division’s growth.
Posted on 9-15-2015 at 8:51 AM
Canadian bank stocks will be a bargain in 2016, predicts analyst
One of the most bearish analysts on Canadian financials says investors will be able to go shopping for bank stocks as early as next year.
Posted on 9-14-2015 at 1:46 PM
Here’s why Canadian buyers are flocking to GE’s finance assets
Another day, another sale of a GE Capital asset — to a Canadian buyer.
Posted on 9-11-2015 at 2:13 PM

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