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.
Category : Search result: banking industry
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.
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.
Pizza Hut Parent Company Considering Chain Sale
Yum Brands, the corporate parent of Pizza Hut, is reportedly considering selling the struggling pizza chain as sales decline and franchisees face financial challenges across Canada and the US.
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.
Zekelman Pays Canadians to Report Foreign Steel
Canadian steel manufacturer Zekelman Industries is offering financial incentives to Canadians who report unauthorized foreign steel being used in domestic construction projects, aiming to protect local jobs and industry standards.
NextStar Energy Pivots to Energy Storage in Windsor
NextStar Energy is shifting gears at its Windsor, Ontario plant to manufacture energy storage batteries, adapting to the slowing electric vehicle market while maintaining its commitment to clean energy technology.
Windsor-Detroit Tunnel Marks 95 Years as Vital Cross-Border Link
Discover how the Windsor-Detroit Tunnel has transformed international travel and trade between Canada and the US over its 95-year history, becoming an engineering marvel and economic lifeline.
Canadian Air Travel: Domestic Soars, Cross-Border Lags
New Statistics Canada data reveals surprising trends in Canadian air travel. Domestic flights are experiencing strong recovery while U.S. and international routes struggle to regain pre-pandemic momentum. Discover what's driving this aviation shift.
Ottawa takes Stellantis to dispute resolution over production move
The Canadian government is escalating its dispute with Stellantis after the automaker shifted electric vehicle battery production from Windsor to the United States, triggering subsidy contract concerns.
Stellantis Reaches Deal to Keep Canadian Plants Operating
Breaking news: Stellantis and Canadian government finalize agreement to keep Windsor and Brampton plants operating, securing automotive manufacturing future in Ontario.
Canada sues Stellantis over broken EV production promises
The Canadian government initiates formal dispute proceedings against automotive giant Stellantis for failing to meet electric vehicle production targets, potentially triggering significant financial penalties.
Manitoba Emerges as Canada's Horror Movie Hotspot
Discover why Manitoba has become Canada's unexpected horror film capital, attracting major productions with its diverse locations, skilled crews, and hauntingly beautiful landscapes that create the perfect backdrop for cinematic terror.
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