The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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Compare the best GIC rates in Canada 2023 + MORE Jun 28th
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The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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National Bank poaches banking analyst from rival Canaccord Feb 1st
Gabriel Dechaine is expected to cover financial services companies including banks and insurers
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Is Wealthsimple a bank? Not exactly, but it’s launching new “banking” services Jun 12th
Canadians aren’t short of credit card options, that’s for sure. At an average of two to three credit cards per person, we have more credit cards than debit cards in our wallets. But there’s still room for one more, suggests Wealthsimple with its recently launched bank-like offerings, including.... More »
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Your credit report summarizes your credit history and helps lenders weigh your credit risk. Often your credit report is initiated when you apply for your first credit card. Over time it can help you reach your larger financial goals such as obtaining a rental agreement or mortgage. When you apply f.... More »
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Markets Right Now: US stocks move higher, led by banks
– canadianbusiness.com
NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
11:45 a.m.
Financial stocks are leading Wall Street higher after several major banks reported solid profits.
Citigroup rose half a per cent Friday after its results beat analysts’ forecasts.
Technology stocks rose following come encouraging news on the economy out of the U.S. and China Friday. Intel rose 1.3 per cent and Microsoft rose 0.7 per cent.
High-dividend stocks like utilities lagged the market as higher bond yields gave investors other options for getting income.
The Dow Jones industrial average rose 77 points, or 0.4 per cent, to 18,176.
The Standard & Poor’s 500 index gained 4 points, or 0.2 per cent, to 2,137. The Nasdaq composite climbed 10 points, or 0.2 per cent, to 5,223.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.76 per cent.
___
9:35 a.m.
Financial stocks are leading an early rise on Wall Street after several major banks reported solid profits…
11:45 a.m.
Financial stocks are leading Wall Street higher after several major banks reported solid profits.
Citigroup rose half a per cent Friday after its results beat analysts’ forecasts.
Technology stocks rose following come encouraging news on the economy out of the U.S. and China Friday. Intel rose 1.3 per cent and Microsoft rose 0.7 per cent.
High-dividend stocks like utilities lagged the market as higher bond yields gave investors other options for getting income.
The Dow Jones industrial average rose 77 points, or 0.4 per cent, to 18,176.
The Standard & Poor’s 500 index gained 4 points, or 0.2 per cent, to 2,137. The Nasdaq composite climbed 10 points, or 0.2 per cent, to 5,223.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.76 per cent.
___
9:35 a.m.
Financial stocks are leading an early rise on Wall Street after several major banks reported solid profits…
Before the Bell: Stocks set to rise as U.S. banks beat Street
– theglobeandmail.com
A look at overnight markets and what's ahead this trading day in North America
