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Financials News

Andrew McCreath looks at the health of Canadian banks
BNN's markets commentator takes an indepth look at the health of Canadian banks with Sumit Malhotra, Managing Director at Scotiabank.
Posted on 6-30-2015 at 6:01 PM
Sun Life to buy Prime Advisors, adding $13B in assets
Sun Life Financial Inc. agreed to buy asset manager Prime Advisors as Canada’s third-largest life insurer seeks to boost fee income.
Posted on 6-30-2015 at 8:47 AM
Element plans for industry consolidation as it digests GE fleet purchase
Following the GE deal, Element is now North America’s largest commercial fleet operator. But CEO Steve Hudson says the leasing industry is still consolidating and Element will eventually start looking at new deals.
Posted on 6-30-2015 at 11:48 AM
Closing Report: Nasdaq at record as Wall St runs on strong data; Greece eyed
The Nasdaq Composite on Thursday erased its last standing milestone from the dot-com era as it set a record intraday high, with stocks on Wall Street in rally mode boosted by strong economic data.
Posted on 6-18-2015 at 5:05 PM
Scotiabank and RBC picked to lead Ontario’s Hydro One IPO
The Toronto-based banks will oversee the sale of 15 per cent of Hydro One in an IPO worth as much as $2.25-billion. That would be Canada’s largest IPO since the $2.49-billion sale by Manulife Financial Corp. in 1999.
Posted on 6-17-2015 at 10:07 AM
Small towns to see branch closings, Scotiabank CEO predicts
One of the largest drivers of change is in the ability to access banking products through online and mobile channels.
Posted on 6-12-2015 at 7:11 AM
Citigroup paid 2,500 times more for FX rigging than it made
Jamie Forese, head of the Citigroup Inc. unit that houses trading and investment banking, said fines the firm paid for rigging foreign-exchange markets dwarfed the amount generated by the illegal conduct.
Posted on 6-11-2015 at 7:16 AM
Kevin O'Leary: I view my portfolio like a chicken on a spit dripping cash
Kevin O’Leary, chairman, O’Leary Financial Group says, when it comes to investing in the stocks, to always look for the ones that pay a dividend.
Posted on 6-10-2015 at 8:42 AM

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