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.
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.
Packaged food giant Kraft Heinz has named industry veteran Steve Cahillane as its new Chief Executive Officer, a strategic move announced just before the company's planned split into two independent public entities. Discover the implications for the Canad
Multidisciplinary entrepreneur Jas Mathur takes the helm as CEO of Manny Pacquiao Promotions, aiming to expand the brand's global footprint with a focus on strategic fighter development and innovative fan experiences.
Pilar Martinez, CEO of Edmonton Public Library, will leave her role in summer 2026. Learn about her tenure and the upcoming leadership transition.
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.
Alberta Health Services sees another leadership change as interim CEO Andre Tremblay goes on leave. Erin O'Neill steps in as the new interim head. Get the latest details on this provincial healthcare shift.
Luigi Mangione, accused of killing UnitedHealthcare CEO Brian Thompson, appears in court for a crucial pretrial hearing. Key evidence and arrest details are under scrutiny. Follow the latest developments.
AMC Entertainment CEO Adam Aron will continue leading the world's largest theatre chain after suffering a stroke, the company confirmed. Get the latest details on his recovery and the firm's leadership stability.
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.
The CEO of Alberta Health Services is on a leave of absence, prompting the appointment of an interim leader. Get the latest details on this significant leadership change in Alberta's healthcare system.
The killings of a mayor and a UnitedHealthcare CEO in Michoacan, Mexico, in late 2025 highlight the deep and violent control criminal cartels hold over the region.
Luigi Mangione's evidence hearing proceeds in Manhattan, coinciding with the anniversary of the UnitedHealthcare CEO's death. Get the latest court updates.
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 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.
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.
Toronto-Dominion Bank reports a rise in quarterly profit, driven by increased interest income. Get the key financial details and analysis for Canadian investors.
EQB Inc., parent of Equitable Bank, acquires PC Financial from Loblaw in an $800-million deal, creating a major new digital banking force. Loblaw takes a minority stake.
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 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 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.
National Bank of Canada reports increased fourth-quarter profit, driven by its wealth management division. Get the latest financial results and analysis.
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.
Lawyers for Luigi Mangione, accused of killing UnitedHealthcare CEO Brian Thompson, argue police violated his rights. A hearing will decide if key evidence is admissible.
Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.