Suddenly, Canadian Banks Don't Look All That Safe

Suddenly, Canadian Banks Don't Look All That Safe

CP  01.30.2015
TORONTO - Barclays has downgraded the stocks of three of Canada's biggest banks, citing concerns about the country's economic growth.Analyst...
..And Here Comes The Latest Mortgage Rate War

..And Here Comes The Latest Mortgage Rate War

Daniel Tencer  01.26.2015
In the days after the Bank of Canada surprised everybody with a cut to the key lending rate last week, everyone was wondering whether mortgage...
RBC Buys Bank That Caters To America's Elite

RBC Buys Bank That Caters To America's Elite

CP  01.22.2015
TORONTO - The Royal Bank (TSX:RY) has struck a friendly deal to acquire Los Angeles-based City National Corp. for US$5.4 billion in a bid...
Vancouver Bank Robberies Worth $200,000 Were Inside Job: RBC

Vancouver Bank Robberies Worth $200,000 Were Inside Job: RBC

CP  01.21.2015
The statement of claim alleges the pair copied a vault key and then shared lock combinations in the alleged robberies of more than $200,000....
'Snitches Get Stitches': Threatening Message At CBC Headquarters

'Snitches Get Stitches': Threatening Message At CBC Headquarters

Daniel Tencer  01.19.2015
Jesse Brown’s Canadaland podcast has given the CBC no end of grief over the past several months, helping to break open the Jian Ghomeshi...
RBC Customer Has Accounts Cleaned Out Three Times

RBC Customer Has Accounts Cleaned Out Three Times

CBC  01.19.2015
Meghann Johnston has seen her RBC bank accounts looted three times by someone who stole her identity. The fraudsters walked away with...
CBC Denies Lang Tried To Sabotage Story On Foreign Workers, RBC

CBC Denies Lang Tried To Sabotage Story On Foreign Workers, RBC

Daniel Tencer  01.12.2015
A CBC spokesperson on Monday denied claims that one of its most prominent business correspondents tried to kill a story involving a bank...
Cheap Oil May Actually Be Good For The Economy

Cheap Oil May Actually Be Good For The Economy

CP  01. 5.2015
OTTAWA - Perhaps an era of cheap crude won't be so bad for Canada after all.A new bank forecast argues the financial blows of low oil prices...
Plunging Gas Prices Have Holiday Retailers Seeing $$$

Plunging Gas Prices Have Holiday Retailers Seeing $$$

CP  12.14.2014
TORONTO - Savings at the pump may allow many Canadians to shell out more for gifts this holiday season and boost sales for retailers, analysts...
Oil Panic? Whatever, Exports Set To Rise, RBC Says

Oil Panic? Whatever, Exports Set To Rise, RBC Says

CBC  12.12.2014
One of Canada's biggest banks says an increase in exports that aren't oil and an uptick in consumer spending because of cheaper...

Canadian Banks Made $31.7 Billion In Profit In The Past Year

CP  12. 5.2014
TORONTO - Canada's top banks saw their fourth-quarter profits edge higher this year, but they warned that a slew of headwinds — including...
RBC Rakes It In

RBC Rakes It In

CP  12. 3.2014
TORONTO - Strong performance at RBC's Canadian operations helped the country's largest bank increase its fourth-quarter profit to $2.33...

RBC Warns Of Layoffs

CP  11.21.2014
TORONTO - Royal Bank of Canada (TSX:RY) expects an undetermined number of job losses as it refocuses its RBC Wealth Management division.An...
Will You Wear Your Credit Card On Your Wrist? RBC Bets Yes

Will You Wear Your Credit Card On Your Wrist? RBC Bets Yes

CP  11. 9.2014
TORONTO - You've heard of paying retailers with the tap of a smartphone, but Royal Bank thinks shoppers are ready to take another big step:...