Royal Bank of Canada is spearheading a major $1.25 billion term loan to finance Investindustrial's $2.9 billion acquisition of TreeHouse Foods, a key Walmart supplier. The deal highlights renewed activity in leveraged buyout financing for 2026.
Royal Bank of Canada CEO David McKay announces strategic review of China and Middle East markets while maintaining U.S. as second home market amid global trade uncertainties.
Royal Bank of Canada CEO David McKay reveals plans to diversify into China and the Middle East while maintaining U.S. focus, citing geopolitical changes and trade opportunities.
Charles Schwab reports increased fourth-quarter profit, driven by higher interest income and robust trading revenue during market volatility, highlighting the brokerage's financial resilience.
JPMorgan Chase CEO Jamie Dimon cautions that implementing a cap on credit card interest rates could lead to severe economic consequences, impacting lending and consumer access.
Toronto-Dominion Bank is expanding its debt and equity capital market divisions by recruiting experienced bankers from major rivals, including JPMorgan and Goldman Sachs, in a strategic talent acquisition move.
The Federal Reserve is expected to maintain interest rates through March 2026, with potential stability extending through Chair Jerome Powell's tenure, driven by strong economic growth indicators.
JPMorgan Chase investment advisers are increasingly relying on proprietary research to navigate global economic uncertainty and market fluctuations, emphasizing internal analysis.
Jimmy Jean of Desjardins Group analyzes Bank of Canada data, noting food prices significantly impact inflation but runaway inflation is not a current threat.
A small Italian bank near Naples operates a unique fixed-income trading desk composed entirely of women, creating a supportive culture while generating €3 million annually.
Major U.S. bank stocks dropped as investors awaited clarity on whether the Trump administration's proposed 10% cap on credit card interest rates would be implemented by the January 20 deadline.
U.S. Treasury Secretary Scott Bessent downplays fears of European institutional investors selling U.S. Treasuries in response to Greenland acquisition tensions and tariff threats at Davos forum.
Imad Jbara and Ayoub Kourdal receive prison sentences for defrauding Desjardins clients of millions using stolen personal data in sophisticated identity theft operation.
Directors of a Greater Toronto Area temporary staffing agency have been given conditional sentences after pleading guilty to tax evasion charges. The case highlights CRA enforcement efforts.
Tax expert Kim Moody outlines five critical reforms the CRA and government must implement to simplify tax filing for Canadians and address systemic issues causing widespread frustration.
A Bank of Canada survey reveals a growing share of firms are increasing sales beyond the U.S. due to trade tensions, but over half see layoffs as more likely than hiring. Read the full analysis.
A new study reveals a historic shift: one in four Canadians switched financial institutions in 2025, driven by better rates and digital services. Discover why loyalty is fading and what banks must do to retain clients.
Canada's inflation accelerated to 2.4% in December, but core measures cooled. Economists are split on whether the Bank of Canada should hold or cut interest rates. Read the full analysis.
Indonesian President Prabowo Subianto has put forward his nephew for a key role at the nation's central bank. Explore the details and implications of this significant political and economic move.
The Supreme Court hears arguments in Trump v. Cook, a pivotal case threatening the Federal Reserve's independence. Explore the high-stakes battle over presidential power and monetary policy. Read more.
With days left before Trump's Jan. 20 deadline for a 10% credit card interest cap, banks and consumers await details. Will the White House enforce its demand? Explore the potential $100B savings and industry pushback.
Waterloo Regional Police investigate a bank fraud in Kitchener involving rolls of metal washers disguised as $2 coins. Authorities release images as part of the ongoing probe.
Local police are investigating reports of credit card fraud in Rockwood and Guelph-Eramosa. Authorities urge residents to monitor statements and report suspicious activity immediately.
Patrick Niro, co-head of securitized products at TD Bank, has exited. His departure is part of a string of senior executive changes at the Canadian lender over the past year. Read more on the ongoing restructuring.
A Bank of Montreal-led lender group is opposing the founders' bid to buy Ssense out of bankruptcy, arguing liquidation would recover more cash. The dispute puts 760 Quebec jobs at risk.
PNC Financial Services Group reports a significant profit surge for the latest quarter, driven by a rebound in investment banking fees and higher interest income. Get the full analysis.
Timmins police report a significant increase in fake $50 and $100 bills circulating in the community over the last two months. Learn how to spot counterfeit money and protect yourself.
President Trump states he has no plans to remove Fed Chair Jerome Powell despite a Justice Department probe but intends to nominate a successor within weeks. Explore the implications for Fed independence.
Morgan Stanley reports a significant 25% profit increase for Q4 2025, driven by a resurgence in investment banking fees and strong trading. Get the full financial breakdown and market analysis.
A British Columbia man has been permanently banned from financial markets by the BCSC for his involvement in a massive US$215 million securities fraud scheme. Learn the details of the case and its consequences.