Canada banks

• New rules to address systematic gaps in banks not enough, critics say

  Critics says the reform on consumer protective measures in bank, especially when resolving complaints are not strong enough to address systemic issues

  Economy

  Jun 12
  
• Canadian bank earnings: RBC and TD beat estimates, CIBC misses

  RBC reported higher profit in the latest quarter and beat estimates. TD, the second-biggest, posted lower profit but beat estimates, while CIBC's profit fell and missed estimates.

  Money

  May 26
  
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• Canadian banks face ‘greenwashing’ claims as oil sector gets sustainable funding

  Some environmental groups and investors claim Canadian banks are using sustainability-linked financing to pretend to lower their carbon footprint.

  Canada

  May 12
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• Scotiabank, BMO join big bank rivals in beating Q1 profit expectations

  Scotiabank benefited from improving earnings in its international unit and a recovery in business lending at home, while BMO saw a surge in capital markets profits.

  Money

  Mar 1
• CIBC, National Bank beat Q1 profit estimates despite economic challenges

  The Canadian banks join Royal Bank of Canada in posting positive earnings surprises in a quarter in which analysts had expected some challenges,

  Economy

  Feb 25
• Canada’s banking industry will carry out emergency orders to stop trucker convoy

  Canada's banking industry will follow through with the federal government's emergency orders targeting protesters in the so-called "freedom convoy."

  Canada

  Feb 16
• TD Bank hiring 2,000 tech employees this year amid growing demand

  TD says the new positions will focus on technologies and processes to drive investments and power "the future of banking."

  Money

  Jan 26
• Canadian banks rapidly shifting to cloud amid COVID-19, fintech competition

  Cloud-based systems, sometimes run privately by banks and more commonly by third-party tech giants, allows data to move faster and more freely.

  Canada

  Nov 28, 2021
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• BMO reports higher profits in Q3, topping expectations

  BMO Financial Group topped expectations as it reported a third-quarter profit of nearly $2.28 billion, up from a profit of $1.23 billion a year ago.

  Money

  Aug 24, 2021
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• Regulator raising big banks’ capital buffer as COVID-19 disruptions ease

  The increase to the amount of capital the banks must hold to cover unexpected losses will take effect on Oct. 31.

  Economy

  Jun 17, 2021