Montreal Man Wanted for Alleged Bank Impersonation Fraud
Toronto police are seeking a 20-year-old Montreal man for multiple fraud offences, including posing as a bank employee to commit credit card fraud, amid a broader news roundup.
Category : Banking Finance
Credit Card Rate Caps: Expert Warns of Consequences
While capping credit card interest rates might offer short-term relief for Canadian consumers, experts warn it could trigger a chain reaction of unintended economic consequences.
Sell America Strategy: Financial Retaliation Risks
Analysis of potential coordinated sell-off of U.S. Treasuries by allies in response to Trump's economic pressure, exploring market volatility and global financial implications.
Trump Sues JPMorgan for $5B Over Alleged Political Bias
Former U.S. President Donald Trump has initiated a $5 billion lawsuit against JPMorgan Chase, claiming the bank closed his accounts due to political motivations, a move with potential implications for financial institutions and political figures.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Trump Sues JPMorgan Chase for $5B Over Debanking Claims
Former President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank closed his accounts for political reasons after he left office in 2021.
Ex-Moraviantown Employee in $600K Cheque Fraud Case: OPP
Ontario Provincial Police investigate a former Moraviantown First Nation employee for allegedly depositing $600,000 in fraudulent cheques, highlighting financial oversight concerns.
Why You Could Be 'Debanked' by Your Bank
Financial institutions in Canada can close accounts for various reasons, from suspicious activity to policy changes. Learn what 'debanking' means and how to protect yourself.
Montreal Planner Fined $100K for Misusing Client Funds
A Montreal financial planner has been fined $100,000 by regulators after admitting to misappropriating client funds. The case highlights ongoing concerns about financial advisor misconduct.
B.C. Securities Commission Finds Four Men, Company Liable for 'Pump and Dump'
The British Columbia Securities Commission has ruled that four individuals and a company are responsible for a 'pump and dump' stock manipulation scheme, marking a significant enforcement action against market misconduct.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Trump Sues JPMorgan, Dimon for $5B Over Debanking Claims
Former U.S. President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank terminated his accounts for political reasons. The complaint includes claims of trade libel and breach of good faith.
Ontario Teachers' Pension Moves Cash to Public Markets
The Ontario Teachers' Pension Plan is redirecting capital into public markets after selling private assets, while reducing exposure to U.S. dollars and treasuries amid economic concerns.
Credit Card Rate Caps Could Backfire, Experts Warn
Canadian financial experts caution that capping credit card interest rates could lead to reduced lending and credit access for consumers, despite potential short-term relief.
Bank of America CEO Excluded from Trump Davos Reception
Bank of America CEO Brian Moynihan was excluded from a Donald Trump reception at Davos, marking the second time he's been snubbed by the White House amid tensions over debanking allegations.
RBC Leads $1.25B Loan for TreeHouse Buyout
Royal Bank of Canada is spearheading a major $1.25 billion term loan to finance Investindustrial's $2.9 billion acquisition of TreeHouse Foods, a key Walmart supplier. The deal highlights renewed activity in leveraged buyout financing for 2026.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
RBC Eyes China, Middle East for Diversification Strategy
Royal Bank of Canada CEO David McKay announces strategic review of China and Middle East markets while maintaining U.S. as second home market amid global trade uncertainties.
RBC Eyes China, Middle East for Diversification
Royal Bank of Canada CEO David McKay reveals plans to diversify into China and the Middle East while maintaining U.S. focus, citing geopolitical changes and trade opportunities.
Charles Schwab Profit Rises on Interest, Trading Revenue
Charles Schwab reports increased fourth-quarter profit, driven by higher interest income and robust trading revenue during market volatility, highlighting the brokerage's financial resilience.
Dimon Warns Credit Card Rate Cap Could Cause Economic Disaster
JPMorgan Chase CEO Jamie Dimon cautions that implementing a cap on credit card interest rates could lead to severe economic consequences, impacting lending and consumer access.
TD Hires Bankers from JPMorgan, Goldman to Expand Teams
Toronto-Dominion Bank is expanding its debt and equity capital market divisions by recruiting experienced bankers from major rivals, including JPMorgan and Goldman Sachs, in a strategic talent acquisition move.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Fed to Hold Rates Through March, Possibly Through Powell's Tenure
The Federal Reserve is expected to maintain interest rates through March 2026, with potential stability extending through Chair Jerome Powell's tenure, driven by strong economic growth indicators.
JPMorgan Advisors Lean on In-House Research Amid Volatility
JPMorgan Chase investment advisers are increasingly relying on proprietary research to navigate global economic uncertainty and market fluctuations, emphasizing internal analysis.
No 'Runaway' Inflation Worries for Bank of Canada
Jimmy Jean of Desjardins Group analyzes Bank of Canada data, noting food prices significantly impact inflation but runaway inflation is not a current threat.
Banca Promos' All-Women Trading Desk Breaks Industry Mould
A small Italian bank near Naples operates a unique fixed-income trading desk composed entirely of women, creating a supportive culture while generating €3 million annually.
Bank Stocks Fall as Trump's Credit Card Rate Cap Deadline Looms
Major U.S. bank stocks dropped as investors awaited clarity on whether the Trump administration's proposed 10% cap on credit card interest rates would be implemented by the January 20 deadline.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
U.S. Treasury Chief Unconcerned by European Bond Sell-Off Fears
U.S. Treasury Secretary Scott Bessent downplays fears of European institutional investors selling U.S. Treasuries in response to Greenland acquisition tensions and tariff threats at Davos forum.
Desjardins Fraudsters Sentenced to Federal Prison Terms
Imad Jbara and Ayoub Kourdal receive prison sentences for defrauding Desjardins clients of millions using stolen personal data in sophisticated identity theft operation.
GTA Staffing Directors Get Conditional Sentences for Tax Evasion
Directors of a Greater Toronto Area temporary staffing agency have been given conditional sentences after pleading guilty to tax evasion charges. The case highlights CRA enforcement efforts.
5 Ways to Fix Canada's Tax System and Filing Challenges
Tax expert Kim Moody outlines five critical reforms the CRA and government must implement to simplify tax filing for Canadians and address systemic issues causing widespread frustration.
Canadian Businesses Diversify Trade, But Layoffs Loom
A Bank of Canada survey reveals a growing share of firms are increasing sales beyond the U.S. due to trade tensions, but over half see layoffs as more likely than hiring. Read the full analysis.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Record Bank Switching in Canada as Customers Seek Better Deals
A new study reveals a historic shift: one in four Canadians switched financial institutions in 2025, driven by better rates and digital services. Discover why loyalty is fading and what banks must do to retain clients.
Page 20 of 29
