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Weekend Reading – Giveaways, asset quilts, income, Vancouver home prices and more + MORE Mar 18th
Learn, save, invest and prosper with My Own Advisor.
Welcome to some new Weekend Reading friends! Earlier this week I contacted the winners of my TurboTax Canada giveaway but unfortunately only a couple of folks got back to me on time so I might need to draw a few new names. Congratulations to r.... More »
40 days - 2.75% + MORE Jan 11th
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online..... More »
Trudeau's cabinet has plenty of immediate priorities - Toronto Sun Oct 31st
Toronto SunTrudeau's cabinet has plenty of immediate prioritiesToronto SunJustin Trudeau and his new cabinet will be sworn in Wednesday and new ministers will have a full slate of work waiting as they slide into the backseats of their government limos for the first time. How quickly will the â€.... More »
Your ultimate guide to the top sustainable investment funds Feb 5th
Corporate Knights ranked over 700 mutual funds and ETFs through a sustainability lens. Here are the top scorers.... More »
Stop asking for so much, Greek PM told by EU lenders + MORE Jun 12th
International creditors sent Greek Prime Minister Alexis Tsipras home from a summit Thursday with a clear message: swiftly tone down your demands in the bailout talks over the next week or face financial ruin..... More »
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Canadian Western Bank posts record quarterly earnings of $56.6M; revenue up 11%
– canadianbusiness.com
EDMONTON – Canadian Western Bank (TSX:CWB) has reported record quarterly earnings in the third quarter amid an 11 per cent increase in total revenue.
Canadian Western, which offers a full range of business and personal banking services in Canada’s four western provinces, reported after markets closed Wednesday that net income available to common shareholders was $56.6 million or 70 cents per diluted share, from up from $47.5 million or 60 cents per share in the comparable prior-year period.
Adjusted cash earnings increased 16 per cent to 71 cents per share from 61 cents.
Total revenue on a tax equivalent basis was $159.8 million, up from $144 million, reflecting the positive impact of strong 12 per cent loan growth and a 22 per cent increase in non-interest income, which more than offset a 12 basis point decline in net interest margin to 2.58 per cent.
“Record earnings this quarter were driven by solid results across our banking, trust, insurance and wealth management businesses, as well as the impact of last quarter’s preferred share transactions,” Chris Fowler, CWB group president and chief executive said in a statement accompanying the earnings…
Canadian Western, which offers a full range of business and personal banking services in Canada’s four western provinces, reported after markets closed Wednesday that net income available to common shareholders was $56.6 million or 70 cents per diluted share, from up from $47.5 million or 60 cents per share in the comparable prior-year period.
Adjusted cash earnings increased 16 per cent to 71 cents per share from 61 cents.
Total revenue on a tax equivalent basis was $159.8 million, up from $144 million, reflecting the positive impact of strong 12 per cent loan growth and a 22 per cent increase in non-interest income, which more than offset a 12 basis point decline in net interest margin to 2.58 per cent.
“Record earnings this quarter were driven by solid results across our banking, trust, insurance and wealth management businesses, as well as the impact of last quarter’s preferred share transactions,” Chris Fowler, CWB group president and chief executive said in a statement accompanying the earnings…
Billionaire Ma emerges as China’s richest man before Alibaba IPO
– theglobeandmail.com
Alibaba founder worth $21.8-billion (U.S.) as e-commerce firm prepares massive initial public offering
National Bank profit up 10%
– cbc.ca
National Bank, Canada’s sixth largest bank, has reported a third-quarter net income of $441 million, up 10 per cent from the same quarter last year as the bank was helped by growth in its wealth management and financial markets services.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
