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Financials News

Russian central bank to bail out Trust Bank with up to $530 million
Russia's central bank said it would will provide a mid-sized bank to with up to $530 million to stop it from going bankrupt, in the first bailout of its kind during the current ruble crisis.
Posted on 12-22-2014 at 7:09 AM
RBC weighs return to ‘attractive’ Cuba market as U.S. relations warm
Royal Bank of Canada chief executive David McKay said U.S. moves to normalize relations with Cuba present an opportunity for the lender to return to the Caribbean nation.
Posted on 12-19-2014 at 7:03 AM
RBC to pay $35M to settle CFTC wash-trade suit
The bank neither admitted nor denied wrongdoing, according to a consent order signed by a judge today in the 2012 lawsuit by the Commodity Futures Trading Commission.
Posted on 12-18-2014 at 4:36 PM
Canada's big banks gave out $12.2B in bonuses, 13 percent more than last year
Thanks to the market's good run in North America and record-setting investment banking fees, Canada’s big bankers saw a 13 percent increase in their bonuses from last year.
Posted on 12-08-2014 at 7:07 AM
National Bank of Canada boosts dividend as profit rises
National Bank of Canada reported a 14 percent rise in adjusted quarterly profit, led by its financial markets and wealth management businesses.
Posted on 12-05-2014 at 7:53 AM
Scotiabank quarterly profit tumbles 14% on charges
Bank of Nova Scotia’s profit stumbled in the fourth quarter after the bank reported a number of one-time charges.
Posted on 12-05-2014 at 10:39 AM
No more growth at Canadian banks, time to cut staff: Jim Doak
Is the robust Canadian banking sector starting to crack?
Posted on 12-04-2014 at 6:43 PM
TD profit increases 8% on Canadian lending, investment banking
TD Bank said fourth- quarter profit rose 8 percent as earnings from Canadian consumer lending and wholesale banking increased.
Posted on 12-04-2014 at 7:47 AM

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