| INSURANCE NEWS - The Banks | |
| Central banks buttress shaky markets - Globe and Mail | As of: 2007-11-16 |
| CTV.ca- Central banks buttress shaky markets- Globe and Mail, Canada - 6 hours ago- The Bank of Canada and the US Federal Reserve injected huge amounts of cash into wobbly money markets yesterday as lenders lost confidence in borrowers and ...- Canadian dollar recovers slightly from Monday's sharp losses 570 News- Dollar effect pushes down factory sales; loonie drops a penny CBC News- all 73 news articles - | |
| Bank CEO sounds alarm - Globe and Mail | As of: 2007-11-16 |
| Vancouver Sun- Bank CEO sounds alarm- Globe and Mail, Canada - 6 hours ago- "We have not seen a nationwide decline in housing like this since the Great Depression," said Mr. Stumpf, whose bank has nevertheless weathered the home ...- Dollar, markets slump on sombre economic Waterloo Record- TSX tumbles on lower commodities, credit worries CBC Prince Edward Island- all 12 news articles - | |
| Grocers, banks, tech, energy: You name it, investors head for exits - Gl... | As of: 2007-11-16 |
| Grocers, banks, tech, energy: You name it, investors head for exits- Globe and Mail, Canada - 6 hours ago- And say, didn't Canadian banks used to offer a haven from the storm, too? To date, Canadian banks' credit-related writeoffs have paled next to the mondo ...- - | |
| Court allows currency charge class-action suit against TD - Globe and Mail | As of: 2007-11-16 |
| Court allows currency charge class-action suit against TD- Globe and Mail, Canada - 6 hours ago- Ontario's Court of Appeal has given the go-ahead for what could be a huge class-action lawsuit against Toronto-Dominion Bank that claims credit card holders ...- - | |
| Cisco Systems, Canadian banks ? Vialoux - National Post | As of: 2007-11-16 |
| Cisco Systems, Canadian banks ? Vialoux- National Post, Canada - 9 minutes ago- The Canadian banks continue to announce their exposure to US sub-prime mortgage and ABC Paper exposure prior to announcing their fourth quarter results. ...- - | |
| BMO says ABCP charges to hit fourth-quarter results - Reuters Canada | As of: 2007-11-16 |
| Edmonton Journal- BMO says ABCP charges to hit fourth-quarter results- Reuters Canada, Canada - 1 hour ago- Some other Canadian banks have already revealed ABCP exposure in the run-up to earnings season, putting financial stocks under pressure. ...- BMO and National Bank could be hit with $1B combined writedowns ... CanadianBusiness.com- BMO takes $320M in debt-market writedowns, $185M mastercard ... Canada East- Reuters Canada Business Summary ReportonBusiness.com- all 60 news articles - | |
| Desjardins Q3 profit drops - London Free Press | As of: 2007-11-16 |
| Desjardins Q3 profit drops- London Free Press, Canada - 5 hours ago- Canadian banks have announced $787 million in writedowns. The Bank of Montreal is also expected to write down $500 million in ABCP and its structured ...- 2007 first nine-month results - Desjardins increases its surplus ... Canada NewsWire (press release)- Takes writedown of $160M Montreal Gazette- all 36 news articles - | |
| Buffett bets on home lenders - Globe and Mail | As of: 2007-11-16 |
| Buffett bets on home lenders- Globe and Mail, Canada - 6 hours ago- "These two banks are likely to not have huge subprime exposure, and they've both been hammered down in sympathy with the rest of the financials," said Frank ...- - | |
| TD Bank makes all the right moves - National Post | As of: 2007-11-16 |
| TD Bank makes all the right moves- National Post, Canada - 23 hours ago- Impressive decision making by Toronto-Dominion Bank's (TD/TSX) top brass over the past few months is garnering rave reviews from two analysts Friday. ...- - | |
| Banks remember that '70s show: Stagflation - Business Edge | As of: 2007-11-16 |
| Banks remember that '70s show: Stagflation- Business Edge, Canada - 15 hours ago- Back in the 1970s, this combination resulted in stagflation - slowing growth and rising inflation - and efforts by central banks to walk a middle path ...- - | |
| BMO takes $320-million credit-related charge - Canada.com | As of: 2007-11-16 |
| Ottawa Citizen- BMO takes $320-million credit-related charge- Canada.com, Canada - Nov 16, 2007- TORONTO -- Bank of Montreal has announced a $320-million writedown related to shaky credit markets that will lop 50 cents a share from its fourth-quarter ...- Stocks mixed amid financial market worries, bank writeoffs Canada East- BMO says ABCP charges to hit fourth-quarter results Reuters Canada- BMO and National Bank could be hit with $1B combined writedowns ... CanadianBusiness.com- Canada.com - London Free Pressall 156 news articles - | |
| Risk Aversion Remains; Central Banks Step In - HoweStreet.com | As of: 2007-11-16 |
| Risk Aversion Remains; Central Banks Step In- HoweStreet.com, Canada - 23 hours ago- The Federal Reserve and the Bank of Canada both stepped into the market Thursday night, opening the taps on liquidity. In the end, the BOC injected 1.57 ...- - | |
| Quick Money Sunflashes Column - Winnipeg Sun | As of: 2007-11-16 |
| Quick Money Sunflashes Column- Winnipeg Sun, Canada - Nov 16, 2007- By SUN MEDIA WIRE SERVICES The Bank of Montreal has joined the array of big banks hurt by the US subprime mortgage crash, revealing that it will book half a ...- - | |
| INSURANCE NEWS ABOUT - The Banks | |