OTTAWA - Ottawa has put in place new rules limiting the fees banks can levy on customers who don't have enough in their accounts to cover a ch…
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The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets in the country, d…
OTTAWA - The Bank of Canada cut its key policy interest rate by 50 basis points on Wednesday to bring it to 3.75 per cent (a basis point is eq…
TORONTO - Corus Entertainment Inc. has negotiated an amendment to a credit agreement with its lenders to give it some increased breathing room…
TORONTO - Scotiabank says it has completed the first step in its investment in KeyCorp with the acquisition of a 4.9 per cent stake in the U.S. bank.
EDMONTON - CWB Financial Group reported its third-quarter profit fell compared with a year ago as it saw the amount it set aside for bad loans…
TORONTO - Canadian Imperial Bank of Commerce reported its third-quarter profit rose compared with a year ago as it set aside less money for ba…
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MONTREAL - National Bank of Canada reported a third-quarter profit of $1.03 billion, up from $830 million a year ago, helped by strength acros…
TORONTO - Trouble in BMO Financial Group's loan book has once again weighed on its quarterly results, prompting analyst worries about the bank…