Bank

“Tell-all” Goldman Sachs book lacks new info Fallback Image Decorative pattern

Industry

“Tell-all” Goldman Sachs book lacks new info

Ex-employee Greg Smith’s 277-page book, Why I Left Goldman Sachs, is now for sale. But while it paints an unflattering picture of the firm, reports FT.com, it doesn’t contain any new information that could jeopardize the U.S. investment bank. Smith’s resignation coincided with a New York Times op-ed piece where he blamed the bank, saying […]

By Wire services |October 22, 2012

1 min read

U.S. banks remain weak Fallback Image Decorative pattern

Economic Indicators

U.S. banks remain weak

Canada crows about the health of its banks - for good reason.

By Staff |October 19, 2012

1 min read

Banks, telcos are good buys Fallback Image Decorative pattern

Industry

Banks, telcos are good buys

Take advantage of the yields in these two sectors, says David Graham, vice president of equities at CIBC Asset Management.

October 18, 2012

2 min read

Woman launches class action on banks over LIBOR Fallback Image Decorative pattern

Industry

Woman launches class action on banks over LIBOR

A U.S. woman is launching a class action lawsuit on some of the world’s biggest banks, including Barclays, Bank of America and UBS. She claims their hand in the setting of LIBOR made mortgage repayments more expensive than they should’ve been between 2000 and 2009, reports FT.com. Read: LIBOR losing benchmark status? The subprime, adjustable-rate […]

By Wire services |October 16, 2012

1 min read