Banking

Canadian banks will profit in Q2 Fallback Image Decorative pattern

Economic Indicators

Canadian banks will profit in Q2

Canadian banks started the year with strong earnings momentum, but will report slower growth in the second quarter – characterized by lower trading revenues and a weaker outlook for the rest of the year.

By Staff |May 22, 2012

2 min read

Downgrade would have small impact: RBC Fallback Image Decorative pattern

Economic Indicators

Downgrade would have small impact: RBC

Canada's financial sector is ranked as one of the world’s best, says a Bloomberg Markets ranking that placed four of Canada's banks among the world's strongest. But, RBC also made Moody's tally of 17 banks and firms that may soon face downgrades to their long-term credit ratings.

May 11, 2012

2 min read

U.S. banks ease credit conditions: Fed Fallback Image Decorative pattern

Economic Indicators

U.S. banks ease credit conditions: Fed

Credit conditions in the U.S. are improving due to the rising demand and easier terms for loans, according to the quarterly Federal Reserve survey of senior loan officers.

May 1, 2012

2 min read

Were Canada’s banks bailed out? Fallback Image Decorative pattern

Industry

Were Canada’s banks bailed out?

The strength of Canada’s banks has become the stuff of international legend, having skated through the 2008 global financial crisis unscathed. The official story is that strong regulation saved the day. Unofficially, there’s a different story.

April 30, 2012

2 min read