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Financials News

Banks show restraint for new CEO compensation
Canada’s new bank CEOs are making less money than their predecessors as banks cut salaries and reduce CEO pensions in the face of shareholder pressure to curb super-sized executive pay.
Posted on 4-13-2015 at 11:19 AM
Royal Bank of Canada selling Suriname unit to Republic Bank
Royal Bank of Canada said on Wednesday it has entered into a definitive agreement to sell its Suriname operations to Republic Bank Ltd, as it continues to exit some of its marginal operations in the Caribbean region.
Posted on 4-01-2015 at 11:20 AM
Canada's DH Corp to buy payment services firm Fundtech for $1.25B
The purchase is expected to expand DH's reach among global financial institutions and large U.S. banks, the company said.
Posted on 3-30-2015 at 4:48 PM
RBC’s Bahama unit caught up in allegations involving billionaire art dealer
Royal Bank of Canada’s wealth-management subsidiary in the Bahamas is caught up in tax fraud and money-laundering allegations involving billionaire international art dealer Guy Wildenstein.
Posted on 3-30-2015 at 12:20 PM
BMO broadens bank machine footprint with Shell Canada deal
BMO will begin rolling out the ATMs at Shell locations this spring, with completion planned for early summer.
Posted on 3-27-2015 at 8:02 AM

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