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.
Category : Search result: banking profits
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.
Couche-Tard Q2 Earnings Hit US$740.6M
Alimentation Couche-Tard reports impressive Q2 earnings of US$740.6 million, showing significant growth from previous year. Discover the details behind this retail success story.
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.
Canadian corporate profits rise despite US tariff hit
Canadian corporations saw operating profits grow 3.8% to $200 billion in Q3 2025, the fastest pace in two years despite ongoing US trade policy pressures.
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.
Scientists criticize ultraprocessed food profits
Health experts expose how food manufacturers generate massive profits from unhealthy ultraprocessed products as countries implement marketing restrictions. Learn about the global response.
Metro posts $217M fourth-quarter profit
Canadian grocery and drugstore retailer Metro Inc. reports strong $217 million profit in Q4 2025. Discover how the retailer performed amid competitive market conditions.
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.
AI Fears Extend Wall Street Sell-Off, Home Depot Misses
Wall Street's sell-off continues amid AI sector doubts while Home Depot reports third consecutive profit shortfall. Market analysts warn of sustained volatility ahead.
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.
Manulife reports $1.8B in Q3 earnings
Manulife Financial announced $1.8 billion in Q3 2025 earnings, a slight decrease year-over-year. Discover the key figures and what this means for Canada's insurance giant.
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.
SoftBank profits surge from OpenAI investment
SoftBank reports quarterly profit of $16.6B driven by OpenAI gains, doubling down on AI investments despite bubble concerns. Discover their strategic moves.
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.
Wendy's Closing Hundreds of US Restaurants
Wendy's plans to close hundreds of US restaurants to boost profits and modernize remaining locations. Learn about the fast-food chain's restructuring strategy.
LCBO Profits Plunge, Dividend Falls Below $2 Billion
LCBO's 2025 dividend to Ontario drops below $2B for first time in decade. Analysis reveals bad management, not privatization, as primary cause. CEO under fire.
Toyota Profits Fall Due to Trump Tariffs Impact
Toyota reports significant profit decline as U.S. tariffs and trade policies create headwinds for Japanese automakers. Analysis of the financial impact and market challenges.
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