Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
A Plan to Give Community Banks Relief From Dodd-Frank Apr 24th
Smaller institutions didn’t cause the financial crisis, but are drowning in compliance costs..... More »
Credit union employees say high-pressure sales targets turn 'members' into 'marks' + MORE May 15th
Credit union employees say they're under the same pressure to upsell customers as their counterparts who work for Canada's big banks..... More »
Is It Time to Say Goodbye to Your Starter Credit Card? Jul 28th
Nearly nine out of 10 Canadians have a credit card, according to Payments Canada. Not only that, but Canadians are also heavy credit card users, coming in second to South Korea in credit card volume per capita.
The study found that the extraordinary credit card use is fuelled by key factors such as.... More »
Canadian Tire Rewards: How to earn CT Money with the Triangle Rewards program and Triangle Mastercard May 24th
If you’re Canadian, chances are you’ve shopped at Canadian Tire. The retailer, established nearly 100 years ago to sell tires, has steadily expanded into a one-stop shop for everything home, automotive and outdoors, which means customers can find everything from patio furniture to hockey equipme.... More »
Bank of Montreal CEO Bill Downe to retire in October; successor is Darryl White + MORE Apr 8th
After more than a decade at the helm, the Bank of Montreal’s Bill Downe has announced plans to retire as CEO on Oct. 31.
He will be succeeded by Darryl White, who is currently the bank’s (TSX:BMO) chief operating officer.
In a statement issued Friday, BMO chairman Robert Prichard highlig.... More »
Why smaller is better in new era for U.S. banks
– theglobeandmail.com
Amid a transformed landscape, the chiefs of the largest financial institutions hope they have the skills to manage transition
