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Financials News

Scorecard: Tallying the earnings of Canada's biggest banks
Earnings for Canada's big banks are underway. We tally up which of The Big Six are the winners and losers in this infographic.
Posted on 2-24-2015 at 11:56 AM
Amex gives Pearson travellers free music, book downloads
For American Express, exclusivity is a marketing mantra.
Posted on 2-24-2015 at 10:55 AM
BMO profit misses estimates on impact of ‘unsettled environment’
BMO reported net income of $1-billion in the first quarter of 2015, down 6 per cent from last year, marking a potentially difficult year ahead for the broader banking sector.
Posted on 2-24-2015 at 7:53 AM
HSBC chief drawn into Swiss scandal; bank issues fresh apology
The financial results of HSBC were overshadowed by a widening tax scandal that drew in CEO Stuart Gulliver himself and triggered an apology from the chairman for the bank’s dubious behaviour.
Posted on 2-23-2015 at 12:27 PM
Big six banks facing headwinds ahead of first-quarter reports
Bank stocks have lagged Canada’s benchmark index in a big way since the start of the year, marking their worst relative underperformance since the financial crisis in 2008.
Posted on 2-23-2015 at 7:32 AM
Watch: Andrew McCreath previews Canadian bank earnings
First quarter earnings for Canadian banks are on their way, and Andrew McCreath has a preview for the busy week ahead.
Posted on 2-20-2015 at 11:00 PM
Replay: Prem Watsa answers questions on Fairfax conference call
CEO Prem Watsa says his insurance company Fairfax Financial was maintaining its defensive equity hedges and deflation protection "as we remain concerned about the financial markets and the economic outlook in this global deflationary environment."
Posted on 2-13-2015 at 8:44 AM
Genworth warns of rising losses on mortgages from oil-sensitive Alberta
The country’s largest private mortgage insurer says it expects rising losses on its portfolio of Alberta mortgages this year and is more heavily scrutinizing new applications from oil-sensitive regions of the province as low crude prices weigh on Western Canada’s housing market.
Posted on 2-12-2015 at 12:30 PM

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