Category : Search result: banking service outage


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.

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.

Shopify down for thousands on Cyber Monday

A major Shopify outage disrupted thousands of merchants on the crucial Cyber Monday shopping day, highlighting platform vulnerability during peak sales periods. Read the full report.

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.

Rogers outage hits Metro Vancouver customers

A technical outage left Rogers customers in Metro Vancouver without TV, internet, and home phone service. Service is expected to be restored overnight. Read more.

CME Futures Outage Halts Global Trading

A cooling system malfunction at a Chicago data centre caused a major CME futures outage, disrupting global equity, forex, and commodities trading for hours.

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