Category : Search result: banking CEO


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.

Kraft Heinz names Steve Cahillane as new CEO

Packaged food giant Kraft Heinz has named industry veteran Steve Cahillane as its new Chief Executive Officer, a strategic move announced just before the company's planned split into two independent public entities. Discover the implications for the Canad

Jas Mathur Appointed CEO of Manny Pacquiao Promotions

Multidisciplinary entrepreneur Jas Mathur takes the helm as CEO of Manny Pacquiao Promotions, aiming to expand the brand's global footprint with a focus on strategic fighter development and innovative fan experiences.

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.

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.

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.

Murder Hearing for Accused CEO Killer Continues in NYC

Luigi Mangione, accused of killing UnitedHealthcare CEO Brian Thompson, appears in court for a crucial pretrial hearing. Key evidence and arrest details are under scrutiny. Follow the latest developments.

AMC CEO Adam Aron to Stay in Charge Following Stroke

AMC Entertainment CEO Adam Aron will continue leading the world's largest theatre chain after suffering a stroke, the company confirmed. Get the latest details on his recovery and the firm's leadership stability.

Alberta Health Services CEO on leave, interim named

The CEO of Alberta Health Services is on a leave of absence, prompting the appointment of an interim leader. Get the latest details on this significant leadership change in Alberta's healthcare system.

BMO Q4 profit hits $2.3B, dividend raised

BMO Financial Group announced a robust fourth-quarter profit of $2.3 billion and has raised its dividend, signaling confidence in its financial stability and future growth prospects for Canadian investors.

BMO Beats Earnings Expectations, Raises Dividend

Bank of Montreal surpasses Q4 earnings estimates, driven by wealth management and capital markets. The bank announces a dividend increase to $1.67 per share. Read the full analysis.

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.

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.

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.

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.

Algoma Steel lays off 1,000, cites U.S. tariffs

Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.

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