Category : Search result: banks


Banks Race to Capitalize on Gold's Historic Price Surge

As gold and silver hit record highs, major banks and traders are aggressively expanding their precious metals operations, transforming a once-sleepy sector into a profit powerhouse. Discover the driving forces.

Oilers 50/50 Raffle Benefits Alberta Food Banks

The Edmonton Oilers Community Foundation launches a special 50/50 raffle to raise crucial funds for food banks across Alberta during the holiday season. Learn how you can participate and help.

Wealthsimple's 2026 Plan to Take on Big Six Banks

Wealthsimple CEO Michael Katchen details the fintech's pivotal 2025, its $10B valuation, and its aggressive roadmap for 2026 to compete with Canada's major banks, fueled by government pushes for more financial competition.

OSFI Holds Domestic Stability Buffer Steady at 3.5%

Canada's banking regulator keeps the domestic stability buffer unchanged, citing strong bank performance and a $60+ billion capital cushion. Explore the implications for lending and the economy.

Big U.S. Banks See Jump in Overdraft Fee Income

A new report reveals a significant increase in overdraft fee revenue for 14 major U.S. retail banks in the first nine months of 2025, highlighting consumer costs amid economic and regulatory shifts. Learn what this means for banking practices.

Expert Tips for Picking the Right Canadian Bank Account

Financial expert Christopher Liew breaks down the key factors for selecting a bank account in Canada. Learn about fees, ATM access, and choosing between big banks, credit unions, and online-only institutions.

Canada's big banks increase bonus pools by 15%

Canada's largest lenders set aside 15% more for bonuses in fiscal 2025, driven by busy capital markets and trading. Discover which banks led the increase and the factors behind the surge.

Big Six Bank Bonuses Rise 15% on Higher Dealmaking

Canada's largest banks increased performance-based compensation by 15% in fiscal 2025, driven by robust capital markets and wealth management profits. Discover which banks led the pay hikes.

Falling Rates Benefit Canadian Bank Balance Sheets

As interest rates fall, Canadian banks are experiencing a shift from term deposits to demand accounts, strengthening their financial position. Expert analysis reveals the impact on earnings.

Canada's Big Six banks earn $16.45B in Q4 profit

Canada's largest banks reported a combined $16.45 billion profit in the fourth quarter, driven by a boom in capital markets. Discover the key factors behind this financial surge.

Major Canadian Banks Beat Q4 Earnings Expectations

TD, BMO, and CIBC surpassed analyst forecasts in Q4, driven by capital markets and wealth management. Despite economic uncertainty, credit loss provisions remained manageable. Get the full analysis.

Scotiabank Q4 Profit Jumps to $2.21 Billion

The Bank of Nova Scotia reports a significant rise in quarterly profit, reaching $2.21 billion for Q4 2025. Discover the key financial results and what they signal for Canada's banking sector.

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