National Bank of Canada establishes a new office in Dubai to provide enhanced support and services for Canadian companies operating in the Middle East region. Learn about the strategic expansion.
Top Wall Street CEOs, including JPMorgan's Jamie Dimon, warn President Trump that his attacks on the Federal Reserve and proposed 10% credit card interest rate cap will damage the U.S. economy. Read the details.
The Hamilton Road BIA in London, Ontario, was devastated by a $111,000 online banking fraud. Details of the crime and its aftermath were discussed at city hall.
Former Panamanian President Ricardo Martinelli goes on trial for his alleged role in a sprawling Latin American corruption scandal. Get the latest details on the case.
Former President Trump proposes a 1-year, 10% cap on credit card interest rates, sparking immediate backlash from major financial institutions. Explore the potential impact on consumers and lenders.
Former President Donald Trump pledges a one-year cap on credit card interest rates at 10%, starting in 2026. Bipartisan legislative efforts echo the call, but specifics on enforcement remain unknown.
ECB President Christine Lagarde reflects on her crisis-filled career and warns of a volatile, fragmented world as she approaches her final years in office. Read her insights on populism and Europe's future.
Morgan Stanley has promoted a significant number of employees to managing director, a memo shows, following a rebound in investment banking and deal-making activity in 2025.
Former Winnipeg CAO Phil Sheegl has settled his $1.1 million court-ordered payment to the city, closing a chapter in the long-running police headquarters scandal. Read the full details.
Scotiabank CEO Scott Thomson confirms 3,000 job cuts as part of a significant restructuring effort. The layoffs targeted areas with limited growth potential.
Conexus Credit Union has officially merged with Cornerstone and Synergy Credit Unions, creating a significant new financial entity in Saskatchewan. Discover the details and implications.
Former Canadian ambassador to the U.S., David MacNaughton, has been appointed as a strategic adviser to CIBC, bringing decades of government and business expertise to the bank's leadership.
European stock markets wrapped up 2025 with their strongest annual performance since 2021, led by a historic rally in banking stocks. The FTSE 100 soared 22%, its best year since 2009. Read the full analysis.
An in-depth look at Malaysia's 1MDB financial scandal, a multi-billion dollar corruption case that shook global markets. Discover the key facts and ongoing repercussions.
A Regina family is out thousands after falling victim to online banking fraud. Banks warn holiday shoppers are more vulnerable to scams. Learn how to protect yourself.
A sophisticated cyberattack has severely disrupted France's national postal service and banking operations during the critical holiday rush, causing widespread delays and service outages.
Visa and Mastercard agree to a $167.5 million settlement over claims they conspired to keep ATM access fees high. Get the details on the class action lawsuit.
Canada's federal banking regulator maintains the domestic stability buffer at 3.5% for major banks, signaling stability. Read the details and implications for the financial sector.
LaSalle police warn of a phone scam where fraudsters pose as banks and send couriers. Learn how to protect your personal and financial information from this growing threat.
Global financial crime auditors conducted a three-week review of Canadian banks and government agencies in November. This follows a record penalty for a major Canadian bank. Learn the details and implications.
Prime Minister Mark Carney's first year highlights a generational shift in Canadian banking and economic policy. Explore the contrasts and key federal-provincial deals shaping the nation's financial future.
Global shadow banking assets exceed $250 trillion for the first time, now representing 51% of all financial assets. Regulators warn of data gaps and systemic risks.
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.
Financial expert Christopher Liew outlines key factors for Canadians selecting a bank, comparing big banks, credit unions, and online-only options. Make an informed choice for your finances.
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 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.
Laurentian Bank of Canada saw its fourth-quarter profit decline compared to the previous year. Get the full financial breakdown and analysis here.
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.
EQB's acquisition of PC Financial is set to reshape the loyalty landscape. Discover what this major deal means for millions of PC Optimum points collectors across Canada.
Former executives from the collapsed Signature Bank have launched a new financial institution powered by blockchain technology. Discover the details of this major fintech move.