Malaysia's 1MDB Financial Scandal Explained
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.
Category : Search result: European banking scandal
Regina family loses $5,000 to online banking fraud
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.
Major Cyberattack Hits France's La Poste and Banks Before Christmas
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, Mastercard settle ATM fee lawsuit for $167.5M
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.
Banking regulator holds domestic stability buffer at 3.5%
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 phone banking scam using Uber
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.
Financial Crime Auditors Visit Canada After Major Fine
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.
Generational Shift in Canadian Banking Under PM Carney
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.
Shadow Banking Assets Hit Record $250 Trillion
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.
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.
Markets Lower Ahead of U.S. Jobs, Inflation Reports
Stock markets in Europe and Asia traded cautiously lower Monday as investors awaited pivotal U.S. jobs and inflation data. The reports could influence future Federal Reserve policy.
Wildlife Digs Up Metro Vancouver Lawns in Grub Feeding Frenzy
Metro Vancouver lawns are being torn up by crows, raccoons, and skunks feasting on a boom of European chafer beetle grubs. Experts explain the seasonal cycle and why 2025 is particularly bad.
Expert Tips for Canadians on Choosing the Right Bank
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.
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.
EU's 2035 Combustion-Engine Ban Under Scrutiny
The European Union's landmark 2035 ban on new combustion-engine cars faces potential revisions. Explore the political and economic pressures shaping this critical climate policy.
German President Visits WWII Site as Europe Unites vs Russia
Germany's President Frank-Walter Steinmeier visits the WWII Coventry bombing site, a symbolic gesture of unity as Europe strengthens its front against Russia. Details on the state visit.
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.
Trump's security plan slams European allies, asserts U.S. power
President Trump's new security strategy sharply criticizes European allies while emphasizing U.S. dominance in the Western Hemisphere. Get the full analysis of the diplomatic implications.
Citigroup Sets 2026 STOXX 600 Target at 640
Citigroup forecasts the STOXX 600 index will reach 640 by the end of 2026, citing supportive fiscal policies as a key driver. Get the full analysis and market implications.
Laurentian Bank reports drop in fourth-quarter profit
Laurentian Bank of Canada saw its fourth-quarter profit decline compared to the previous year. Get the full financial breakdown and analysis here.
Israel to compete in Eurovision 2026 after EBU vote shelved
The EBU confirms Israel's participation in Eurovision 2026 after scrapping a proposed vote. Spain, Ireland, and Netherlands announce boycotts. Get the full story on the controversy.
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.
EQB Buys PC Financial: Impact on PC Optimum Points
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.
EU probes Meta for blocking AI rivals on WhatsApp
The European Union has initiated a formal antitrust investigation into Meta, examining whether its plans to restrict AI competitors' access to WhatsApp data violate competition rules. The probe, announced December 4, 2025, could have major implications fo
Former Signature Bank execs start blockchain-based bank
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.
Boralex Names New Executive VP and GM for Europe
Canadian renewable energy leader Boralex appoints Jean-Christophe Dall'Ava as Executive VP and General Manager for Europe. Discover his vision for growth and the 2030 Strategic Plan.
EU Reviews Tariffs on Volkswagen EVs Made in China
The European Union is reviewing the potential removal of tariffs on Volkswagen electric vehicles manufactured in China. This decision could reshape trade flows and impact the competitive landscape for EVs in Europe.
CIBC Reports Higher Q4 Profit, Increases Shareholder Dividend
Canadian Imperial Bank of Commerce announced an increase in its fourth-quarter profit compared to last year and raised its dividend. Get the full financial details and analysis.
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.
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