| INSURANCE NEWS - The Banks | |
| What the #!%* is the deal with the Bank of Canada cutting interest ... -... | As of: 2009-04-21 |
| CTV.ca- What the #!%* is the deal with the Bank of Canada cutting interest ...- National Post, Canada- Today, James Cowan on bank rates. The Bank of Canada Tuesday cut its key interest rate to 0.25%. What does that mean? As the country's central bank, the Bank of Canada is responsible for improving the performance of the economy by managing the supply ...- Bank of Canada cuts key interest rate to 0.25% CBC.ca- Mark Carney completes his transformationi to the dark side Canada.com- BoC turns bearish as 'green shoots' of economic recovery appear Financial Post- Globe and Mail - Financial Postall 521 news articles - | |
| US Treasury Secretary Says Most Banks Have Sufficient Capital - CEP News | As of: 2009-04-21 |
| Voice of America- US Treasury Secretary Says Most Banks Have Sufficient Capital- CEP News, Canada- (CEP News) - The majority of US banks have more capital than they need, Treasury Secretary Timothy Geithner said before the TARP's Congressional Oversight Panel on Tuesday. Uncertainties surrounding the banking system have caused banks to withhold ...- US banks have adequate capital: Geithner Canada.com- Geithner defends bank bailouts Globe and Mail- Forex News and Rumors - Afternoon Update OANDA Forex Blog- CEP News - CEP Newsall 1,979 news articles - | |
| IMF: Feared, then ignored - Globe and Mail | As of: 2009-04-21 |
| Straits Times- IMF: Feared, then ignored- Globe and Mail, Canada- US and European banks need to raise another $875-billion (US) by next year to recapitalize at precrisis levels. As well, global financial firms will face total losses of $4.1-trillion (that's trillion) by 2010 ? about four times what has already been ...- IMF estimates for asset writedowns climb to US$2.7 trillion Investment Executive- IMF: Losses from global credit crisis mounting Winnipeg Sun- all 803 news articles - | |
| Teck Cominco defers debt payments, shares leap - Reuters Canada | As of: 2009-04-21 |
| Teck Cominco defers debt payments, shares leap- Reuters Canada, Canada- Teck could still reduce the amount due this year to $1.7 billion if remaining negotiations with lenders in the syndicate of 25 banks bear fruit, officials said on a conference call. Under the new agreement, Teck will extend the maturity date of $3.5 ... - | |
| Big banks pass on rate cut to customers - Financial Post | As of: 2009-04-21 |
| Big banks pass on rate cut to customers- Financial Post, Canada- The biggest chartered banks have reacted to a move in which Canada's central bank has cut its benchmark lending rate to an historic low of 0.25%. By 11 am ET on Tuesday, each of Bank of Montreal, Royal Bank of Canada, CIBC, TD and Scotiabank had moved ... - | |
| A skeptic's guide to Goldman Sachs - Globe and Mail | As of: 2009-04-21 |
| 100 Mortgages- A skeptic's guide to Goldman Sachs- Globe and Mail, Canada- So when the world's mightiest investment bank divulged a surprise first-quarter profit of $1.8-billion (US) ? and said it wanted to pay back the $10-billion it received from Washington in the bank bailout ? it helped spark a rally in financial shares ...- Are recovering US banks chafing for a return to trough? TheChronicleHerald.ca- Earnings preview: Are banks out of the woods? Canada.com- Taxing grandma to pay Goldman Sachs Enter Stage Right- CanadianBusiness.comall 220 news articles - | |
| EU banks win time to revise pay policies - Globe and Mail | As of: 2009-04-21 |
| EU banks win time to revise pay policies- Globe and Mail, Canada- European Union banks won a reprieve from demands to revise pay practices to guard against risky lending, as regulators offered extra time to rework existing contracts. In guidelines yesterday, the Committee of European Banking Supervisors in London ... - | |
| Increase risk but beware a 'great inflation' - Canada.com | As of: 2009-04-21 |
| Increase risk but beware a 'great inflation'- Canada.com, Canada- By Levi Folk, Financial PostApril 21, 2009 As central banks transition from interest rate policy to quantitative easing, investors need to distinguish between the near and long term. Opportunities remain for owning investment-grade credit securities ... - | |
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