Scotiabank Beats Q4 Estimates Despite Restructuring Charge
Scotiabank reported Q4 net income of $2.2B, beating analyst forecasts. Results were boosted by global banking, despite $373M in restructuring costs tied to workforce reductions.
Category : Search result: Canadian banking
Laurentian Bank announces sale to Fairstone, National Bank
Laurentian Bank of Canada has finalized its sale, with assets divided between Fairstone Bank and National Bank. Get the details on this significant shift in Canadian banking.
Bank of Montreal Closing Melville Branch in 2026
The Bank of Montreal will shutter its Melville, Saskatchewan branch in June 2026, following closures in Weyburn and Davidson. Learn what this means for local banking.
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.
Canadian Banks Priced for Perfection in Q4 2025
As Canadian banks enter Q4 2025, they face immense market pressure. Explore the financial outlook and key challenges for Bay Street.
Morgan Stanley fined €101M in Dutch tax evasion case
Morgan Stanley pays €101 million fine for Cum-Cum dividend tax evasion in the Netherlands. Learn about this major European tax enforcement case.
Biometric Fraud Drives New Bank Verification Models for 2026
A new Regula study reveals biometric verification is the most attacked point in digital ID processes, prompting a strategic shift towards orchestrated systems for Canadian financial institutions.
Ex-AIMCo CEO Evan Siddall joins BMO capital markets
Evan Siddall, ousted from AIMCo in 2024, has been appointed vice-chair of BMO's capital markets division following a reorganization. Learn about his Wall Street connections and career journey.
OSFI changes capital rules to boost bank lending
Canada's banking regulator OSFI announces capital requirement changes to help banks increase lending to businesses and consumers. Learn how this affects the economy.
Banking regulator proposes easing lending rules for banks
Canada's banking regulator OSFI proposes easing capital rules to free up $1 trillion in lending capacity while maintaining financial stability. New measures target SMEs and real estate.
Intesa Sanpaolo CEO Named European Banker of the Year
Carlo Messina, CEO of Intesa Sanpaolo, has been honoured as European Banker of the Year 2024. Discover how his leadership combines profitability with social impact.
Scotiabank fined $34k for harassing debt calls
Scotiabank will pay nearly $34,000 after Consumer Protection B.C. found the bank harassed a client with over 100 collection calls. Learn your rights against debt collection harassment.
Scotiabank contacted debtor 100+ times: B.C. regulator
A British Columbia regulator resolves complaint after Scotiabank made over 100 contacts with a debtor. Learn about the resolution and banking regulations.
Credit Unions Ready to Challenge Canada's Big Banks
Canadian credit unions are positioning to compete with major banks following new federal budget measures. Michael Hatch discusses the changing financial landscape.
Scotiabank appoints Phil Thomas as new COO
Scotiabank announces major executive restructuring with Phil Thomas taking the COO role. Learn about the leadership changes at Canada's third-largest bank.
Scotiabank executive reshuffle follows Canadian layoffs
Bank of Nova Scotia announces major executive changes, moving chief risk officer Phil Thomas to chief strategy role weeks after initiating Canadian layoffs.
UBS Chair Discussed Moving Bank Headquarters to US
UBS chair Colm Kelleher held private talks with US Treasury about relocating bank headquarters from Switzerland over proposed $26B capital requirements.
TD Bank Settles Human Rights Complaint in B.C.
TD Bank resolves human rights complaint filed by Muslim-Indigenous man denied service at Surrey branch. Settlement marks victory for religious accommodation rights in Canada.
Canaccord nears $75M US regulatory settlement
Canaccord Genuity Group Inc. is close to resolving U.S. compliance issues, setting aside US$75 million for penalties. Two senior compliance officers faced FINRA suspensions.
Morgan Stanley Rolls Out Private Company Research
Morgan Stanley joins major Wall Street firms in expanding research coverage to private companies, signaling strategic shift in investment banking services for Canadian investors.
Former Desjardins President Alban D'Amours Dies at 85
Alban D'Amours, former president of Desjardins Group and influential Quebec economic leader, has passed away at age 85. Learn about his legacy.
Order of Canada: History and Modern Significance
Explore the rich history and modern significance of the Order of Canada, from its royal origins to contemporary recipients who shape our nation's identity.
Canadian Vitamin C Serums: Local Luxury for Radiant Skin
Explore our curated selection of Canadian-made vitamin C serums that deliver luxury results while supporting local beauty brands and sustainable skincare.
Liberals Tackle Youth Affordability with Tax Cuts & Reforms
The Canadian government unveils sweeping measures to tackle youth financial struggles, including employment incentives, tax relief, and banking fee reforms aimed at younger generations.
Bank loses mortgage claim after internal error
A major Canadian bank's technical glitch proves costly as BC court rules internal error prevents mortgage payout recovery in precedent-setting case.
Canadian Toques: Stitching National Pride
Discover the heartwarming story behind Canadian-made toques and how these humble winter hats evolved into powerful symbols of national identity and economic resilience.
Stablecoins: Revolutionizing Canadian Money Flow
Discover how stablecoins are poised to revolutionize financial transactions in Canada, offering faster settlements and reduced costs while maintaining regulatory compliance.
Canadian Armed Forces Racism: Systemic or Isolated?
An examination of racism within Canada's military challenges the 'systemic' label, arguing for a more nuanced understanding of institutional culture and individual accountability.
Canadian Skincare Essentials for Fall Glow
Discover the best Canadian skincare products to transition your routine into autumn. From hydrating serums to protective barriers, these local gems will keep your skin radiant through the cooler months.
Questrade Secures Approval to Launch Canada's Newest Bank
Questrade Financial Group makes history as Canada's newest bank, bringing digital-first financial services to consumers after receiving federal approval. Discover how this disruptor plans to transform personal banking.
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