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?
Latest News
Canadian Banks' AT1s join selloff after Credit Suisse rescue - BNN Bloomberg + MORE Mar 20th
Canadian Banks' AT1s join selloff after Credit Suisse rescue BNN BloombergPosthaste: Three things to watch as the world teeters on the edge of a banking crisis Yahoo Canada FinanceCredit Suisse rescue eases crisis fears, First Republic shares dive The Globe and MailA.... More »
Canadian Lenders Fret About Apple Pay + MORE Apr 17th
As talks heat up between Canada’s six biggest banks and Apple Inc. about launching Apple Pay north of the border, lenders here fret the mobile-payments service could deliver a blow to their credit-card revenues,.... More »
Canadians unhappy with banks over fees and fairness, survey suggests Aug 27th
Canadian banks are failing to meet the expectations of 75 per cent of their customers, according to a survey from bank technology company FIS..... More »
Should you get that promo rate? Check out the fine print first Dec 17th
Some banks entice Canadians to open new accounts with the offer of a high but short-lived promotional interest rate. A generous interest rate might catch your eye, but there are a few things you should ask yourself before you sign up for a new chequing or savings account.
Should you switch bank a.... More »
Is that credit card with the annual fee really worth it? Jan 20th
NEW YORK, N.Y. – The biggest months for adding and dropping credit cards are December and January, so now’s the time to make sure that $95 annual fee is really worth it.
Chances are, it’s not.
“Generally, for the average credit card holder, it is not likely they are going to .... More »
Now Markets Get to Vote on Greece's New Government
– online.wsj.com
Depositors continue to flee the banks, and Greek 10-year bond yields rose roughly two percentage points this week. Germany’s chancellor has ruled out cancelling any of Greece’s debt. Angela Merkel says banks and creditors have already made substantial cuts for the troubled eurozone country.
