Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Kerry's Peculiar Message About Iran for European Banks + MORE May 13th
Why is Washington pushing banks like mine to do what is still illegal for American banks?.... More »
U.S. tax reform increases chance of 'slow bleed' of investment from Canada: TD Feb 13th
Two of Canada's big banks are sounding the alarm over the negative impact that Canada's economy will see as a result of new tax reform measures in the U.S. under the Trump administration..... More »
Wealthsimple Crypto Review: Cryptocurrency Investing Made Easy Apr 23rd
In July 2020, Wealthsimple unveiled the upcoming Wealthsimple Crypto, and with that, Canada’s leading Robo-advisor officially entered the cryptocurrency trading game. In this full review, I’ll cover everything you need to know, and hopefully answer any questions you have.
Introducing W.... More »
Banks planning to move 9,000 jobs from Britain because of Brexit + MORE May 8th
Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit
.... More »
The roots of organic farming lie in fascism Jan 23rd
The roots of organic farming in the United Kingdom can be traced to the fascism movement that began after the First World War. Rick Barrett/ambitious creative co, CC BY-SA
In 1927 Henry Williamson published Tarka the Otter, the story of an otter living in the Torridge River in Devon, U.K. Recognize.... More »
Former Bear Stearns chairman Greenberg dead at 86
– theglobeandmail.com
Alan Greenberg has been credited with engineering the rise of Bear Stearns in the second half of the 20th century, when it became one of the largest stand-alone investment banks on Wall Street
A fresh perspective on retirement
– moneysense.ca
In her book, Reimagine Your Retirement, Joyce Li, a project manager and motivational speaker, offers a perspective on retirement that is not at all the traditional full-stop retirement we think of when we see ads from banks and fund companies.Instead, she views retirement as a sort of spiritual/vocational halfway house between one’s working years and eternity. This is not dissimilar to my own view of Findependence or semi-retirement. In fact, she credits Rick Warren’s The Purpose Driven Life for inspiring her almost a decade ago: she gave six family members copies of Warren’s book, with personalized inscriptions.
Are you haunted by nagging dreams?
Li spends time a good chunk of time talking about “nagging dreams” that have yet to come true. And who among us does not harbour dreams we’ve not yet been able to manifest in this harsh workaday world and its seeming financial constraints? Li doesn’t make light of the financial side of retirement but seeks a way to reconcile it…
Regulators take over small bank in Illinois; brings US bank failures to 14 in 2014
– canadianbusiness.com
WASHINGTON – Regulators have closed a small lender in Illinois, bringing U.S. bank failures this year to 14 after 24 closures in all of 2013.
The Federal Deposit Insurance Corp. said Friday that it has taken over GreenChoice Bank FSB, based in Chicago.
The bank, which operated three branches, had about $72.9 million in assets and $71 million in deposits as of March 31.
Providence Bank LLC, based in South Holland, Illinois, has agreed to assume all of the failed bank’s deposits.
The FDIC said that Providence Bank also agreed to buy roughly $67.7 million of GreenChoice Bank’s assets.
The failure of GreenChoice Bank is expected to cost the deposit-insurance fund $14.2 million.
U.S. bank failures have been declining since they peaked in 2010 in the wake of the financial crisis and the Great Recession.
Only three banks went under in 2007. That jumped to 25 in 2008, after the financial meltdown, and ballooned to 140 in 2009.
In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago…
The Federal Deposit Insurance Corp. said Friday that it has taken over GreenChoice Bank FSB, based in Chicago.
The bank, which operated three branches, had about $72.9 million in assets and $71 million in deposits as of March 31.
Providence Bank LLC, based in South Holland, Illinois, has agreed to assume all of the failed bank’s deposits.
The FDIC said that Providence Bank also agreed to buy roughly $67.7 million of GreenChoice Bank’s assets.
The failure of GreenChoice Bank is expected to cost the deposit-insurance fund $14.2 million.
U.S. bank failures have been declining since they peaked in 2010 in the wake of the financial crisis and the Great Recession.
Only three banks went under in 2007. That jumped to 25 in 2008, after the financial meltdown, and ballooned to 140 in 2009.
In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago…
Take Control of Your Cash
– ratesupermarket.ca
They say knowledge is power – and that’s especially true when it comes to your finances. A healthy credit score, solid assets and everyday frugal know-how can pay off in spades… so, are you as informed as you should be on the state of your money?
This week’s MoneyWise is all about taking control, whether you’re whipping your credit score into shape or shaving dollars off your grocery bill. Read on to get caught up.
Applying for a Mortgage? How to Improve Your Credit Score Now
Planning to enter the housing market? Even if your home-buying dreams are six months to a year off, you need to act now to ensure you’re in tip-top shape to apply for a mortgage. That means looking into – and fixing – any red flags that may be lingering on your credit score. Read on to learn more about what affects your score, and how to take action.
Read Jaclyn’s Blog | How to Improve Your Credit Score Now
Why I Switched Banks for my TFSA and Home Insurance
When Ally Bank was purchased and shut down by RBC last year, Sean Cooper faced a choice – should he house his tax -free savings account with the acquiring lender (and take a resulting cut to his interest earnings), or should he shop around for a better deal? Despite the hassle of moving his money, he chose the latter…
This week’s MoneyWise is all about taking control, whether you’re whipping your credit score into shape or shaving dollars off your grocery bill. Read on to get caught up.
Applying for a Mortgage? How to Improve Your Credit Score Now
Planning to enter the housing market? Even if your home-buying dreams are six months to a year off, you need to act now to ensure you’re in tip-top shape to apply for a mortgage. That means looking into – and fixing – any red flags that may be lingering on your credit score. Read on to learn more about what affects your score, and how to take action.
Read Jaclyn’s Blog | How to Improve Your Credit Score Now
Why I Switched Banks for my TFSA and Home Insurance
When Ally Bank was purchased and shut down by RBC last year, Sean Cooper faced a choice – should he house his tax -free savings account with the acquiring lender (and take a resulting cut to his interest earnings), or should he shop around for a better deal? Despite the hassle of moving his money, he chose the latter…
Take Control of Your Cash
– ratesupermarket.ca
They say knowledge is power – and that’s especially true when it comes to your finances. A healthy credit score, solid assets and everyday frugal know-how can pay off in spades… so, are you as informed as you should be on the state of your money?
This week’s MoneyWise is all about taking control, whether you’re whipping your credit score into shape or shaving dollars off your grocery bill. Read on to get caught up.
Applying for a Mortgage? How to Improve Your Credit Score Now
Planning to enter the housing market? Even if your home-buying dreams are six months to a year off, you need to act now to ensure you’re in tip-top shape to apply for a mortgage. That means looking into – and fixing – any red flags that may be lingering on your credit score. Read on to learn more about what affects your score, and how to take action.
Read Jaclyn’s Blog | How to Improve Your Credit Score Now
Why I Switched Banks for my TFSA and Home Insurance
When Ally Bank was purchased and shut down by RBC last year, Sean Cooper faced a choice – should he house his tax -free savings account with the acquiring lender (and take a resulting cut to his interest earnings), or should he shop around for a better deal? Despite the hassle of moving his money, he chose the latter…
This week’s MoneyWise is all about taking control, whether you’re whipping your credit score into shape or shaving dollars off your grocery bill. Read on to get caught up.
Applying for a Mortgage? How to Improve Your Credit Score Now
Planning to enter the housing market? Even if your home-buying dreams are six months to a year off, you need to act now to ensure you’re in tip-top shape to apply for a mortgage. That means looking into – and fixing – any red flags that may be lingering on your credit score. Read on to learn more about what affects your score, and how to take action.
Read Jaclyn’s Blog | How to Improve Your Credit Score Now
Why I Switched Banks for my TFSA and Home Insurance
When Ally Bank was purchased and shut down by RBC last year, Sean Cooper faced a choice – should he house his tax -free savings account with the acquiring lender (and take a resulting cut to his interest earnings), or should he shop around for a better deal? Despite the hassle of moving his money, he chose the latter…
