Canadian Banking
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National Bank gets final approval for Canadian Western Bank takeoverMontreal's National Bank has called its takeover of the Edmonton-based Canadian Western Bank a key pillar of its domestic growth strategy for 2025.MoneyDec 20, 2024
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Big banks dominate in Canada as challengers look to make inroadsThe loss of the two mid-sized players in what was already a small pool of competitors to the Big Six banks leaves few others with enough scale to even distract the majors.EconomySep 22, 2024
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Scotiabank eyes U.S. expansion with regional lender stake worth billionsCanadian lenders have been looking for growth opportunities in the United States as expansion slows in the domestic banking industry.MoneyAug 12, 2024
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Scotiabank cutting 3% of staff amid efforts to streamline banking operationsScotiabank announced layoffs Wednesday as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations.CanadaOct 18, 2023
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Why are short-sellers betting on TD Bank to stumble?TD Bank has been getting a fair bit of attention from short-sellers as of late. Here's what experts say about the bets against the bank's stock, and whether you should be worried.MoneyApr 25, 2023
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Canadian mortgage costs set to rise as big banks raise prime lending rate to 6.45%Major banking institutions across the country followed in lockstep behind the Bank of Canada's 50-basis-point hike to its benchmark interest rate on Wednesday.EconomyDec 8, 2022
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Laurentian Bank reports first quarter profit up from year agoRevenue totalled $247.4 million, up from $238.7 million in the year earlier quarter.CanadaMar 3, 2021
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Here’s how much money Canada’s big banks made in Q2Three of Canada’s largest banks reported second-quarter profits on Thursday that beat estimates despite reporting increases in bad loans to the energy sector that cut into the banks’ bottom lines.CanadaMay 26, 2016
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