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The 16 best credit cards in Canada for August 2023 + MORE Aug 16th
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The 16 best credit cards in Canada for August 2023
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Rise of part-time work no reason to worry, TD says Aug 21st
The rise in part-time employment is nothing more than a pullback after companies hired more full-time workers than they needed coming out of the recession, one of Canada's largest banks says..... More »
Iran issues local credit cards for the first time in decades + MORE Sep 26th
TEHRAN, Iran – Iranian banks have begun issuing credit cards for the first time in decades, local media reported on Monday.
The report by several newspapers, including the daily Donya-e-Eqtesad or World of Economy in Farsi, said the cards will be for domestic use only and do not involve any so.... More »
Tips for getting a new mortgage Jan 11th
Q: My partner and I want to move closer to family and this would require moving to another province. We’re fairly certain that we can find full-time employment in our new city but we’re a little worried that mortgage lenders won’t look favorably at us as borrowers. We have equity in the home .... More »
4 Tips to Avoid the Post-Holiday (Financial) Hangover Jan 15th
Christmas has already come and gone and today we’re honouring Blue Monday, the (unofficially) most depressing day of the year. The day is calculated by factoring in things such as weather and, yes, debt level as people start to receive their credit card statements from December.
Maybe this year y.... More »
EU regulator accuses JPMorgan, HSBC and Credit Agricole of fixing interest rate market
– canadianbusiness.com
AMSTERDAM – The European Commission’s top competition regulator has accused JPMorgan, HSBC and Credit Agricole of colluding to manipulate the price of financial products — “derivatives” — linked to interest rates.
Commissioner Joaquin Almunia said Tuesday the banks will now have a chance to respond to his preliminary findings. If the Commission ultimately concludes they have broken the law, it can impose a maximum fine of up to 10 per cent of their annual turnover.
In December 2013, the Commission levied fines totalling 1.04 billion euros ($1.42 billion) on Barclays, Deutsche Bank, RBS and Societe Generale as part of the same case, which covers 2005-2008. They were granted a reduction in their fine for co-operating in a settlement.
The post EU regulator accuses JPMorgan, HSBC and Credit Agricole of fixing interest rate market appeared first on Canadian Business.
Commissioner Joaquin Almunia said Tuesday the banks will now have a chance to respond to his preliminary findings. If the Commission ultimately concludes they have broken the law, it can impose a maximum fine of up to 10 per cent of their annual turnover.
In December 2013, the Commission levied fines totalling 1.04 billion euros ($1.42 billion) on Barclays, Deutsche Bank, RBS and Societe Generale as part of the same case, which covers 2005-2008. They were granted a reduction in their fine for co-operating in a settlement.
The post EU regulator accuses JPMorgan, HSBC and Credit Agricole of fixing interest rate market appeared first on Canadian Business.
