BMO, RBC say interest rates could fall harder and faster with tariffs in play
Two of Canada’s largest banks say interest rates could fall faster and ultimately end up lower than previously predicted, as the consequences of a trade war with the U.S. are set to ripple through the ...
Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs
The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ...
Canada's RBC, National Bank CEOs get pay raises after mega deals
Royal Bank of Canada boosted CEO Dave McKay's 2024 salary by 61% to C$24.5 million ($17.14 million), including a C$4 million ...
Total pay for Big Six bank CEOs rose last year, even with declines at TD and BMO
The chief executives of Canada’s six biggest banks earned a combined $74.5-million in 2024, up from just under $72-million in ...
Raymond James Financial Inc. Invests $48.35 Million in Bank of Montreal (NYSE:BMO)
Raymond James Financial Inc. bought a new position in Bank of Montreal (NYSE:BMO – Free Report) (TSE:BMO) during the fourth ...
Credit union denies negligence in alleged fraudulent investment lawsuit
A Manitoba credit union says it is not responsible for a Winnipeg man's loss of nearly $650,000 in a fraud scheme.
Steward Partners Investment Advisory LLC Purchases 1,703 Shares of Bank of Montreal (NYSE:BMO)
Steward Partners Investment Advisory LLC raised its position in shares of Bank of Montreal (NYSE:BMO – Free Report) (TSE:BMO) ...
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Canadian banks report strong earnings but say tariffs could hit harder than expected
Canada’s largest banks reported strong financial results despite economic concerns. According to Reuters, RBC’s net income ...
Canadian bank CEOs received pay increases in 2024 — except for these two
Dave McKay, Royal Bank of Canada's chief executive, saw his total pay jump to $25.9 million last year, up from $16.1 million in 2023. (Credit: Galit Rodan) Four of the six chief execs at Canada’s ...