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The close: TSX ends lower as banks, miners weigh + MORE Dec 5th
S&P falls for third session as tech rebound wilts
.... More »
Royal Bank cuts 5-year fixed mortgage rate, others likely to follow suit Jan 18th
Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order..... More »
Bank of Montreal cuts its five-year fixed mortgage rate to 4.79 per cent + MORE Jan 30th
TORONTO – The Bank of Montreal (TSX:BMO) has cut its five-year fixed mortgage rate by 20 basis points to 4.79 per cent.
The bank has also changed a number of its other fixed mortgage rates, including its low- rate five-year mortgage, which also went down 20 basis points to 3.09 per cent.
The r.... More »
Banks top lost of firms monitoring employees Jul 18th
Bad apples in the workplace bunch, or fear of bad apples, has pushed many employers to use an array of employee tracking devices..... More »
The best high-interest savings accounts in Canada for 2024 Feb 5th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Kodak secures $895M in funding
– canada.com
Kodak says it has secured as much as $895 million US to fund its operations after it emerges from bankruptcy protection. J.P. Morgan, Bank of America Merrill Lynch and Barclays will supply senior secured term loans of up to $695 million. The banks also will arrange a senior secured asset-based revolving credit facility of up to $200 million. The agreements are subject to court approval. Eastman Kodak Co., based in Rochester, N.Y., filed for Chapter 11 bankruptcy protection in 2012 after years of cost-cutting efforts failed to save it.
The FDIC's Sheila Bair: Going bare-knuckled against Wall Street
– theglobeandmail.com
Ex-head of the Federal Deposit Insurance Corp., is a spiritual leader of a surprisingly strong movement to shrink U.S.’s biggest banks
Higher bond yields trigger hike in mortgage rates
– thestar.com
Several of Canada’s big banks inch up their mortgage rates, which experts say is likely the start of a slow upward trend.
