TD Bank Q4 profit climbs on higher interest income
Toronto-Dominion Bank reports a rise in quarterly profit, driven by increased interest income. Get the key financial details and analysis for Canadian investors.
Category : Search result: European banking scandal
EQB buys PC Financial from Loblaw for $800 million
EQB Inc., parent of Equitable Bank, acquires PC Financial from Loblaw in an $800-million deal, creating a major new digital banking force. Loblaw takes a minority stake.
CIBC Hikes Dividend After Q4 Earnings Beat
CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.
Eurovision 2026: EBU to Decide on Israel's Participation
The European Broadcasting Union meets amid a major split over Israel's place in Eurovision 2026. Key countries threaten a boycott, risking the contest's unity and future viewership.
EU plan to fund Ukraine with frozen Russian assets faces risk concerns
The European Union has outlined a controversial plan to use frozen Russian assets to finance Ukraine's reconstruction. However, Belgium warns the strategy carries significant financial and legal risks. Read the latest developments.
EQB to buy PC Financial for about $800M
EQB Inc. has agreed to purchase the PC Financial business from Loblaw Companies Ltd. in a landmark transaction valued at approximately $800 million. The deal reshapes Canada's banking landscape.
Canada must pay 10M euros for EU defence deal access
The European Commission has set a €10 million entry fee for Canada to join a key EU defence initiative. This financial requirement marks a new step in Canada's strategic alignment with European security partners.
Laurentian Bank sells $1.9B portfolio in strategic split
Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.
Ex-EU Foreign Policy Chief Federica Mogherini Arrested
Federica Mogherini, the former European Union foreign policy chief, has been arrested, marking the latest scandal to rock the political bloc. Get the full details on the shocking development.
Germany selected to host 2029 Women's Euros
UEFA has officially chosen Germany as the host nation for the 2029 Women's European Championship. The announcement was made at a ceremony in Nyon, Switzerland.
EU to end Russian gas imports by 2027, Hungary and Slovakia oppose
The European Union has agreed to halt all Russian gas imports by late 2027, a move opposed by Hungary and Slovakia. The decision marks a major shift in the bloc's energy strategy.
National Bank Q4 profit rises on strong wealth management
National Bank of Canada reports increased fourth-quarter profit, driven by its wealth management division. Get the latest financial results and analysis.
RBC Q4 profit rises, dividend increased
Royal Bank of Canada announced higher fourth-quarter profits compared to last year and raised its dividend. Get the key financial details and market implications.
U.S. Pauses Immigration from 19 Countries
The United States has suspended immigration applications from 19 non-European countries. Get the latest details on this significant policy shift and its potential implications.
Laurentian Bank Sale: Customer Impact Explained
Laurentian Bank's sale to National Bank is finalized. Learn what this means for account holders, services, and the future of banking in Canada. Get the full details here.
Canada joins EU's SAFE defence initiative, questions remain
Prime Minister Mark Carney signs Canada onto the EU's SAFE defence program, unlocking billions in loans but raising questions about cost, procurement rules, and strategic alignment. Explore the implications.
Scotiabank Beats Q4 Estimates Despite Restructuring Charge
Scotiabank reported Q4 net income of $2.2B, beating analyst forecasts. Results were boosted by global banking, despite $373M in restructuring costs tied to workforce reductions.
Laurentian Bank announces sale to Fairstone, National Bank
Laurentian Bank of Canada has finalized its sale, with assets divided between Fairstone Bank and National Bank. Get the details on this significant shift in Canadian banking.
Bank of Montreal Closing Melville Branch in 2026
The Bank of Montreal will shutter its Melville, Saskatchewan branch in June 2026, following closures in Weyburn and Davidson. Learn what this means for local banking.
Politecnico di Milano Inaugurates 163rd Academic Year
Italy's Politecnico di Milano opens its 163rd academic year, championing scientific diplomacy, European collaboration, and critical thinking in a polarized world. Read about its new strategic vision.
Tesla's European Sales Slump Continues in Key Markets
Tesla's sales in major European markets like France and Germany fell sharply in November, despite rising EV demand. Norway remains a notable exception. Explore the factors behind the slump.
B.C. tribunal settles unusual credit dispute
A British Columbia tribunal has resolved a complex dispute involving an unusual credit arrangement. Learn how the case unfolded and what it means for financial agreements in Canada.
German far-right establishes youth wing amid protests
Germany's AfD party establishes new youth organization as thousands protest the far-right movement. Key developments and public response analyzed.
Hotel101 Announces Joint Venture for Milan Development
Hotel101 Global signs binding agreements for a 429-room hotel in Milan, Italy, marking its second European project. The property near Linate Airport expects €85.8M in revenue.
Canadian Banks Priced for Perfection in Q4 2025
As Canadian banks enter Q4 2025, they face immense market pressure. Explore the financial outlook and key challenges for Bay Street.
Louvre Museum hiking entry fees 45% for non-EU visitors
Paris's Louvre Museum will increase entry fees by 45% for most non-EU visitors starting 2025. Learn how this affects Canadian travelers planning European cultural trips.
Europe approves record €28 billion space budget
European nations commit €28 billion to space programs, a historic investment to ensure technological independence and compete globally. Discover the ambitious plans.
German drone maker triples valuation after funding
Quantum Systems, German drone manufacturer, sees valuation surge to $1.35 billion following successful funding round. Key investors include HV Capital and Airbus.
Quantum Systems Valuation Triples to €3 Billion
Backed by Peter Thiel, German defence startup Quantum Systems sees its valuation soar to €3 billion in a new funding round, fueling drone production for European militaries.
BYD Launches Super Hybrid ATTO 2 DM-i in Europe
BYD Executive Vice President Stella Li announces the European debut of the Super Hybrid ATTO 2 DM-i, promising to outperform all ICE vehicles with 90km electric range and AI assistant features.
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