National Bank Of Canada
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Taylor Swift concert sponsorship helps RBC add 600K clients in Q4, CEO saysBoth RBC and National Bank of Canada reported a boost in their fourth-quarter earnings on Wednesday, powered in part by growth in their wealth management businesses.MoneyDec 4, 2024
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National Bank clears big hurdle in bid to buy Canadian Western BankNational Bank's plan to takeover Canadian Western Bank still requires approval by the Office of the Superintendent of Financial Institutions and the minister of finance.MoneySep 26, 2024
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National Bank to buy Edmonton-based Canadian Western Bank in $5B dealThe deal will see each Canadian Western Bank share, other than those already held by National, exchanged for 0.45 of a common share of National Bank.ConsumerJun 11, 2024
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Canada needs immigration reform to escape ‘population trap,’ economists sayEconomists argue Canada does not have the infrastructure or "capital stock" to both bring in the amount of people currently planned, while also improving our standard of living.CanadaJan 16, 2024
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Canada’s housing affordability sees significant ‘deterioration,’ report saysThe banking institution pointed to rising interest rates as part of the cause, and combined with a surge in home prices, the ability to afford a home is a difficult prospect.EconomyNov 1, 2023
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Mortgage stress looms over Canada’s big banks. What they — and consumers — can doEarnings season from Canada's biggest banks show stretched amortizations persist among lenders' mortgage books. Here's what to know if your mortgage is up for renewal.MoneyAug 31, 2023
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National Bank buying SVB’s Canadian commercial loan portfolioNational Bank of Canada says it will acquire the Canadian branch of Silicon Valley Bank's commercial loan portfolio. The deal is expected to close in the coming weeks.MoneyAug 1, 2023
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Housing affordability in Canada just saw the biggest improvement in almost 4 yearsCanadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn't returned to pre-pandemic levels.MoneyJun 2, 2023
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Canada’s banks brace for possible wave of loan defaults. Why that mattersCanada's big six banks all reported this week that they're putting more money aside for possible loan defaults. Here's what to know about the outlook for Canadian credit.MoneyMar 4, 2023
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National Bank reports third quarter profit down from 1 year agoNational Bank said its personal and commercial banking business earned $335 million, up from $303 million in the same quarter last year.CanadaAug 24, 2022
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