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.
Category : Banking Finance
Fed's Lisa Cook Denies Mortgage Fraud Allegations
Federal Reserve Governor Lisa Cook's lawyers dispute mortgage fraud claims in letter to Attorney General. Trump seeks first-ever removal of Fed governor in 112-year history.
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.
Investors Challenge Carney's Rule of Law Claim in Canada
Prime Minister Mark Carney's assertion that Canada's rule of law attracts investors faces scrutiny as experts point to systemic risks and internal border challenges undermining confidence.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
Holiday Scam Threats Target Canadian Consumers
BMO's financial crimes head warns Canadians about emerging fraud threats during the holiday shopping season. Learn how to protect yourself from sophisticated scams.
Ex-Bank Manager Admits to $16M Fraud in Edmonton
Former Edmonton bank manager Nick Lysyk pleads guilty to over 60 fraud counts after stealing $16 million from BMO. Discover the full story behind this decades-old crime.
Is the U.S. Nickel Next After Penny Elimination?
As the U.S. penny phases out, economic pressures threaten the nickel's survival. Explore the future of American coinage and what it means for Canada.
Edmonton bank manager stole $16M in massive fraud
Nick Lysyk, a former Edmonton bank manager, embezzled $16 million from BMO over 20 years ago. Discover how he spent the stolen funds and the investigation that uncovered one of Canada's largest bank frauds.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Oracle CDS Jump 13.5% Amid AI Investment Concerns
Oracle's credit default swaps surge as investors hedge against $500B AI infrastructure spending. Debt could reach $290B by 2028 amid revenue uncertainty.
CPP Fund Grows $45.8B to $777.5B in Q2
The Canada Pension Plan Investment Board's fund grew to $777.5 billion, fueled by a 5.4% return. CEO John Graham highlights diversification's role in navigating global markets.
How Lenders Spotted Red Flags at First Brands
Discover how Apollo Global Management and Soros Fund Management avoided massive losses in the First Brands collapse by identifying critical warning signs that others missed.
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.
Trump-pardoned Ponzi schemer faces 50-year sentence
Eliyahu Weinstein, whose prison term was commuted by Donald Trump, now faces up to 50 years for defrauding investors of $41 million in COVID-19 and Ukraine relief scams.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
ECN Capital acquired by Warburg Pincus in $1.9B deal
Toronto's ECN Capital to be taken private by Warburg Pincus-led group in $1.9 billion transaction, providing 13% premium to shareholders and creating liquidity event.
Tax changes buried in budget footnotes disappoint experts
Tax professionals express frustration over federal budget's hidden tax policy changes affecting flow-through shares and charitable donations. Learn how these changes impact investors.
Fitch Warns of 'Slippery Slope' for Canada's Finances
Fitch Ratings maintains Canada's AA+ credit rating but warns of fiscal risks from rising deficits and debt. Learn about the agency's concerns and what it means for the economy.
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.
Bank of Canada debated timing of October rate cut
Newly released deliberations reveal Bank of Canada officials debated delaying October interest rate cut. Get insights into central bank's monetary policy considerations.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Halal Investing Expands Beyond Faith-Based Roots
Halal investing is attracting broader Canadian interest beyond its Islamic foundations. RBC portfolio manager Sameer Azam explains the growth and institutional appeal of Sharia-compliant investments.
Bank of Canada Debated Timing of Interest Rate Cut
Bank of Canada considered delaying interest rate cut but opted for October reduction to 2.25% amid soft labour market and trade uncertainty. Read the full analysis.
Mexico suspends 13 casinos for money laundering
Mexican authorities have suspended 13 casinos amid money laundering allegations. This major enforcement action targets illicit financial operations in the gaming industry.
Final U.S. Penny Minted in Philadelphia Today
The last U.S. penny enters production today in Philadelphia, marking the end of an era for American currency. Discover the economic factors behind this historic decision.
AI Spending Fears Hit Big Tech Bond Market
Investor anxiety over massive AI infrastructure spending by tech giants spills into bond markets, driving up debt costs. Get the latest analysis on this market shift.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
B.C. Securities Commission settles for $4M+
The B.C. Securities Commission has reached a settlement exceeding $4 million with an individual and his company. Discover the details of this significant regulatory action.
Quebec independence talk makes bond investors nervous
As Quebec's separatist Parti Québécois gains in polls, bond investors are showing nervousness with spreads widening to near-decade highs compared to Ontario debt.
Bank of Canada survey points to 2027 rate hike
A Bank of Canada survey reveals financial markets expect interest rates to hold at 2.25% before rising in 2027, with a 35% chance of recession. Explore the key economic forecasts.
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.
Visa, Mastercard to cut fees in major settlement
Visa and Mastercard reach a landmark settlement with U.S. retailers, reducing fees and allowing merchants to reject high-cost premium credit cards. Learn how this impacts Canadian businesses.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Bank of England Seeks to Build Trust in Stablecoins
The Bank of England announces new initiative to establish trust in stablecoins as digital payment systems. Learn how this affects financial markets and cryptocurrency regulation.
Page 27 of 29
