BANKING INDUSTRY

veggiefrog

Scotiabank Logs Huge Jump In Profits

TORONTO - Scotiabank reported Tuesday that its third-quarter profits rose 18 per cent to $1.29 billion, helped by recent acquisitions. Canada's most international bank says the results were equivalent...
CP File

CIBC Takes Stake In Kansas Company

THE CANADIAN PRESS -- TORONTO - CIBC says it will acquire a 41 per cent equity interest in American Century Investments for $848 million. Kansas City-based American Century is a major U.S. asset manag...