| INSURANCE NEWS - The Banks | |
| Banks head to Hill to discuss credit-card fees - Canada.com | As of: 2009-05-28 |
| Banks head to Hill to discuss credit-card fees- Canada.com, Canada- Canada's big banks have been summoned to Parliament Hill to testify about rising merchant fees to process credit-card payments as the government ponders whether to cap the rate to shield retailers from escalating costs and protect consumers from ... - | |
| Gathering Place banks on breakfast - The North Bay Nugget | As of: 2009-05-28 |
| Gathering Place banks on breakfast- The North Bay Nugget, Canada- There are more clients and fewer donations to feed them this year at the Gathering Place. Jill Clark, the soup kitchen's operations manager, said it served 13.5% more guests in March and April, compared to the same period last year. ... - | |
| US banks' business model still deteriorating - National Post | As of: 2009-05-27 |
| Washington Post- US banks' business model still deteriorating- National Post, Canada- US banks may be out of the woods, thanks to the significant amount of capital raised in recent months, but their business model continues to deteriorate, according to the recently released FDIC first quarter banking profile. The coverage ratio for loan ...- Problem US banks jumped to 305 in 1st quarter: FDIC Canada.com- US banks earned $7.6-billion in first quarter Globe and Mail- US banks earned US$7.6B in first quarter after record loss in fourth CKTB- Maximum Edgeall 925 news articles - | |
| What's BoC take on loonie? - Financial Post | As of: 2009-05-27 |
| Financial Post- What's BoC take on loonie?- Financial Post, Canada- Christinne Muschi, Reuters, FilesMark Carney, Bank of Canada governor, has not given Bay Street much guidance on the direction of the dollar. The Bank of Canada has spoken extensively on economic conditions and methods of unconventional monetary policy ... - | |
| Analysts jumpy over BMO's SIV support - Financial Post | As of: 2009-05-27 |
| Globe and Mail- Analysts jumpy over BMO's SIV support- Financial Post, Canada- Brad Smith, a Blackmont Capital analyst who cut his rating to "sell" from "hold," pointed to BMO's exposure to two SIVs to which the bank has agreed to provide as much as $8.6-billion in liquidity. Links Financial Corp. and ParklandFinanceCorp. are ...- BMO cutting 1100 jobs TheChronicleHerald.ca- Blackmont cuts BMO to ?sell? ReportonBusiness.com- BMO Reports 2Q Results Morningstar.ca- Times and Transcriptall 19 news articles - | |
| If You Believe Banks Are Recovering ? - Center for Research on Globaliza... | As of: 2009-05-27 |
| If You Believe Banks Are Recovering ?- Center for Research on Globalization, Canada- The government wants you to believe that banks are recovering, housing has bottomed, stimulus works, borrowing leads to prosperity and war leads to peace. President Obama and his cronies at Treasury and the Federal Reserve are trying to mislead the ... - | |
| The banker, the battle, and the roof over his head - Globe and Mail | As of: 2009-05-27 |
| Globe and Mail- The banker, the battle, and the roof over his head- Globe and Mail, Canada- The former chief executive officer of Bank of Nova Scotia's BNS-T Jamaican operations is effectively claiming squatters' rights to the house and cars that the bank provided him with, as he battles to get a better retirement package than the $1-million ... - | |
| Genuity ups price target on two regional banks - Canada.com | As of: 2009-05-27 |
| Genuity ups price target on two regional banks- Canada.com, Canada- Genuity Capital Markets raised its price target on Canadian Western Bank and Laurentian Bank of Canada, saying the banks' shares have underperformed the broader S&P/TSX financials index. Analyst Gabriel Dechaine raised his price target on Alberta-based ...- Laurentian Bank profit falls as low rates hurt Reuters Canada- Laurentian Bank profit falls Business News Network- Laurentian Bank profit falls in second quarter Canada.com- all 33 news articles - | |
| Credit Card Regulations: 'Too little, too late' - VUE Weekly | As of: 2009-05-27 |
| CBC.ca- Credit Card Regulations: 'Too little, too late'- VUE Weekly, Canada- Despite calls from the NDP and other groups to introduce a cap on card interest rates, which average around 19 ? 20 per cent for bank-issued cards and higher for retail cards at a time when the Bank of Canada rate is at an historic low of 0.25 per cent ...- Deficit to top $50B this year: Flaherty CBC.ca- New credit card regulations need more teeth Straight Goods- From surplus to deficit: Flaherty's numbers Globe and Mail- CTV.ca - The Gazette (Montreal)all 753 news articles - | |
| Bank of Montreal profit drops 44 per cent. - Canada.com | As of: 2009-05-26 |
| Globe and Mail- Bank of Montreal profit drops 44 per cent.- Canada.com, Canada- TORONTO - Bank of Montreal on Tuesday reported a second-quarter profit of $358 million, down $284 million or 44 per cent from the same period a year ago. Earnings a share were 61 cents compared with $1.25. Adjusted for certain items, ...- BMO RIDES OUT STORM Financial Post- Big Five rally on rebounding US confidence Globe and Mail- Earnings trigger surge London Free Press- Metro Canda - Edmonton - ReportonBusiness.comall 464 news articles - | |
| More US banks join rush to equity markets - Globe and Mail | As of: 2009-05-12 |
| ABC News- More US banks join rush to equity markets- Globe and Mail, Canada- NEW YORK and TORONTO ? Several of America's largest banks plunged into the equity markets for more cash yesterday, looking to take advantage of a government-led stress test last week that suggested the industry was in better shape than many believed. ...- Four big US banks selling stock, TARP eyed Financial Post- BB&T to Raise Capital Morningstar.ca- US Bancorp to Raise Capital Morningstar.ca- all 756 news articles - | |
| Non-bank ABCP seemed solid, Caisse says - Globe and Mail | As of: 2009-05-12 |
| CTV Montreal- Non-bank ABCP seemed solid, Caisse says- Globe and Mail, Canada- MONTREAL ? Money managers at the Caisse de dépôt et placement du Québec figured there was no difference between non-bank asset back commercial paper and similar products backed by the Big Five banks in making the investments that later proved fatal to ...- Caisse bid to diversify raised risk profile, Guay says Globe and Mail- all 19 news articles - | |
| Canadian banks are all good ... for now: Dundee - National Post | As of: 2009-05-12 |
| Canadian banks are all good ... for now: Dundee- National Post, Canada- It took a while, but one of Canada's most bearish anaylsts on banks is finally relenting and riding the valuation wave. "For those who were smart enough not to listen to our advice, we do not believe that investors should take profits on bank shares ... - | |
| Food Bank short on supplies - Bay Today | As of: 2009-05-12 |
| Bay Today- Food Bank short on supplies- Bay Today, Canada- In a quiet night at City Hall on Monday, one of the main issues was the lack of food at the North Bay Food Bank. Dick Dennes, who is on the Board of Directors for the Food Bank said every year they'll experience a shortage of food in what they call the ... - | |
| The Basics: Gold - Financial Post | As of: 2009-05-12 |
| The Basics: Gold- Financial Post, Canada- Bruno Vincent/Getty ImagesA Roman gold bar fron the 4th century is shown at the Bank of England museum in London. Gold, a scarce metal that has incited wars, expeditions and conquests throughout history, has retained its ... Nothing buffs gold better ... - | |
| Needed: The Canadian Investment Bank - Rabble.ca | As of: 2009-05-12 |
| Needed: The Canadian Investment Bank- Rabble.ca, Canada- Canada, Ontario, and the other provinces need to create public investment banks to finance projects that have an important social, and environmental return. The governments of Ontario, and Canada are should take the money that are planning to give US ... - | |
| US Fed boss says bank exam results should buoy confidence - AOL Canada | As of: 2009-05-11 |
| Straits Times- US Fed boss says bank exam results should buoy confidence- AOL Canada, Canada- WASHINGTON - US Federal Reserve chairman Ben Bernanke says results of the government's unprecedented "stress tests" of the 19 largest US banks should bolster Americans' battered confidence in the US banking system. The much-anticipated results, ...- US banks race to fill $74.6 billion stress test hole Reuters Canada- all 692 news articles - | |
| Canadian banks playing catch-up - Globe and Mail | As of: 2009-05-11 |
| Canadian banks playing catch-up- Globe and Mail, Canada- It seems that our wonderful Canadian banks aren't better than their US counterparts at everything. US banks helped launch a global recession with their bad mortgage lending decisions, and they've gulped down billions in federal rescue funding. ... - | |
| Credit crisis brings banks in greater alignment with government ... - In... | As of: 2009-05-11 |
| Credit crisis brings banks in greater alignment with government ...- Investment Executive, Canada- By James Langton Some governments have seen their ability to support their national banking systems eroded by the effects of the financial crisis, and so ratings on banks in these countries may be affected, says Moody's Investors Service. ... - | |
| US banks finance without Washington - Globe and Mail | As of: 2009-05-11 |
| US banks finance without Washington- Globe and Mail, Canada- Bank of America and Morgan Stanley sold bonds on Friday outside the government's Temporary Liquidity Guarantee Program (TLGP). TD Waterhouse said the moves are part of ?an effort to wean themselves from government support.? These bond issues followed ... - | |
| INSURANCE NEWS ABOUT - The Banks | |