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Latest News
Bomb rocks Lebanon's capital, one wounded - The Globe and Mail (subscription) + MORE Jun 12th
The Globe and Mail (subscription)Bomb rocks Lebanon's capital, one woundedThe Globe and Mail (subscription)A powerful bomb in Beirut destroyed several cars, severely damaged one of Lebanon's biggest banks and wounded one person on Sunday. The state-run National News Agency said the bomb wa.... More »
'All Eyes on TD,' US Probes as Canadian Bank Earnings Begin - Yahoo Finance + MORE May 22nd
'All Eyes on TD,' US Probes as Canadian Bank Earnings Begin Yahoo FinanceCanada’s Big 6 banks expected to report softer Q2 earnings Toronto StarTD Bank U.S. money laundering probes are focal point of bank earnings Financial PostBank Q2 results coming amid credit co.... More »
U.S. Senate approves bill easing bank rules in step to rewrite reforms Mar 15th
Bill would ease tight restrictions on small banks and community lenders and includes a number of other provisions beneficial to all but the largest U.S. banks
.... More »
Is Your Debt Above Average? + MORE Mar 18th
Household debt levels are a hot topic this week, as new numbers reveal they are higher than ever across the nation – a key concern for our central bank, and the fuel behind Canada’s too-hot-to-touch housing markets. And it’s not just mortgages – a recent study finds credit card bal.... More »
How the Dow Jones industrial average fared on Wednesday Nov 9th
Stocks closed sharply higher Wednesday as investors reacted to Donald Trump being elected president of the United States in an upset victory over Hillary Clinton.
Banks, drugmakers and industrial companies gained the most, while safe-haven assets like utilities slumped. The market hopes that Trump&#.... More »
Clinton says she would break up “big banks” if needed
– canadianbusiness.com
NORTH CHARLESTON, S.C. – Hillary Rodham Clinton said in South Carolina on Saturday she is willing to split apart big financial institutions should the need arise.
The Democratic primary front-runner told Democrats gathered at a rally in North Charleston that she has the “toughest” proposals for dealing with Wall Street. She says would “break up the big banks” if necessary and hold top financial executives accountable.
“I go after not just the banks,” Clinton told the crowd, pledging a tough approach to regulating the industry despite receiving tens of millions in speaking fees, donations to the family foundation and campaign cash from Wall Street in her career. “I go after the hedge funds, big insurance companies, shadow banking.”
The issue of Clinton’s long-running ties to Wall Street is getting a fresh look after last weekend’s Democratic presidential debate. Both of her primary rivals back reinstating the law known as Glass-Steagall, which once separated commercial and investment banks…
The Democratic primary front-runner told Democrats gathered at a rally in North Charleston that she has the “toughest” proposals for dealing with Wall Street. She says would “break up the big banks” if necessary and hold top financial executives accountable.
“I go after not just the banks,” Clinton told the crowd, pledging a tough approach to regulating the industry despite receiving tens of millions in speaking fees, donations to the family foundation and campaign cash from Wall Street in her career. “I go after the hedge funds, big insurance companies, shadow banking.”
The issue of Clinton’s long-running ties to Wall Street is getting a fresh look after last weekend’s Democratic presidential debate. Both of her primary rivals back reinstating the law known as Glass-Steagall, which once separated commercial and investment banks…
