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Financials News

Canadian banks trade at cheapest levels in 6 years, more profitable than U.S. counterparts
Canadian banks, ranked the world’s soundest for seven straight years by the Geneva-based World Economic Forum, are outperforming U.S. rivals even as plunging oil prices hamper economic growth.
Posted on 3-05-2015 at 10:48 AM
Scotiabank lifts dividend as profit misses estimates
Scotiabank, the last of the country’s six big lenders to report results, joins Bank of Montreal in posting profit that missed analysts’ expectations.
Posted on 3-03-2015 at 7:17 AM
RBC reclaims top spot as Canada’s biggest bank, ousting TD
Royal Bank of Canada reclaimed its rank as the nation’s largest lender by assets from Toronto-Dominion Bank, which held the top spot for 15 months.
Posted on 2-26-2015 at 2:46 PM
TD bank boosts dividend as first-quarter profit climbs above $2-billion
The lender raised its dividend 8.5 percent to 51 cents.
Posted on 2-26-2015 at 7:36 AM
CIBC raises dividend as first-quarter profit beats estimates
“CIBC’s core businesses delivered solid results despite a challenging macroeconomic environment,” Chief Executive Officer Victor Dodig, 49, said in the statement.
Posted on 2-26-2015 at 7:32 AM
BMO to benefit from manufacturing renaissance: Dick Bove
Thank the low loonie.
Posted on 2-25-2015 at 11:00 PM
Scotiabank among lenders boosting financing for condo projects
The Bank of Nova Scotia is among lenders boosting loans to condominium developers as regulators become less vocal about housing-market risk, according to Canada’s third-biggest bank.
Posted on 2-25-2015 at 2:15 PM
National Bank profit edges higher in first quarter
National Bank of Canada reported that net income rose to $415-million in the first quarter, up 2 percent from last year.
Posted on 2-25-2015 at 7:56 AM

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