Industry

BMO sees higher cost savings ahead thanks to Bank of the West, cuts to real estate BMO sees higher cost savings ahead thanks to Bank of the West, cuts to real estate

Industry

BMO sees higher cost savings ahead thanks to Bank of the West, cuts to real estate

The bank expects synergies of US$800 million — up 20% from a previous estimate

By Ian Bickis, The Canadian Press  and  Staff |December 1, 2023

3 min read

Cutting consultations won’t cut red tape: IIAC Cutting consultations won’t cut red tape: IIAC

Industry

Cutting consultations won’t cut red tape: IIAC

Trade group pushes back on Ontario's plan to shorten regulatory comment periods

By James Langton |December 1, 2023

2 min read

National Bank reports Q4 profit up from year ago, raises quarterly dividend National Bank reports Q4 profit up from year ago, raises quarterly dividend

Industry

National Bank reports Q4 profit up from year ago, raises quarterly dividend

Profit in wealth management was down 20%

By The Canadian Press  and  Staff |December 1, 2023

2 min read

Banks report higher provisions for bad loans, focus on expenses as economy slows Banks report higher provisions for bad loans, focus on expenses as economy slows

Industry

Banks report higher provisions for bad loans, focus on expenses as economy slows

CIBC, RBC, Scotiabank and TD have all cut staff this year

By Ian Bickis, The Canadian Press |November 30, 2023

3 min read