Royal Bank of Canada and Bank of Montreal are selling their payment processor, Moneris Solutions Corp., to San Francisco-based investment firm Francisco Partners, raising concerns about Canada's digital privacy and sovereignty.
The Bank of Canada maintained its key interest rate at 2.25% as the economic outlook improved, while the Bank of Korea raised its rates to 2.75% in its first hike in over three years.
The Bank of Canada revealed in new business outlook surveys that the Iran war significantly hampered business confidence and caused inflation expectations to soar.
The Bank of Canada has dismissed the characterization of the country's current economic weakness as a recession. This statement provides insight into the central bank's assessment of the national economy.
The Canadian dollar has fallen to a 2026 low as currency traders anticipate that the Bank of Canada will maintain its current interest rates, impacting the country's economic outlook.
Former Bank of Canada Governor Mark Carney has attributed Canada's recent GDP weakness and technical recession to a shift in immigration policy, noting a decline in population growth and slower economic expansion as the government seeks stronger economic foundations.
Jesse Kline argues that Bank of Canada Governor Mark Carney's acknowledgment of an antisemitism 'crisis' is insufficient, stating that merely setting a tone and calling for better behavior from Canadians is not enough to address the issue.
Bank of America (BofA) has raised its price target for Royal Bank of Canada (RY), signaling a more positive forecast for the major Canadian bank's stock performance.
The Bank of Canada states that while the financial system remains in good shape, vulnerabilities have increased due to high stock market valuations, corporate debt, and hedge fund borrowing.
National Bank of Canada announced its Q2 earnings, reporting a Non-GAAP EPS of C$3.23 and revenue of C$3.91B, and raised its dividend by 6.5% to C$1.32 per share, while also declaring various preferred share dividends.
Mark Carney, former Governor of the Bank of Canada, has drawn parallels between a potential Alberta independence vote and the United Kingdom's Brexit decision.
Mark Carney, former Governor of the Bank of England and Bank of Canada, told a Vancouver business audience that 'when we master energy, we master our destiny,' in response to pipeline criticism.
Minutes from the Bank of Canada indicate that the central bank is on alert for a rapid change in inflation dynamics, closely monitoring economic indicators.
Canadian bonds have experienced a tumble, attributed to a blockade related to former President Trump and recent comments made by Bank of Canada Governor Tiff Macklem.
Central bank governors, including Canada's Tiff Macklem and China's Pan Gongsheng, have voiced concerns about the risks associated with advanced AI models while also acknowledging their potential opportunities. Their comments were made in the context of new AI developments and at international forums like the IMF.
At its Annual General Meeting, the Laurentian Bank of Canada's board outlined strategic plans for repositioning the bank, discussed ongoing asset sales, and provided details on a proposed deal with Fairstone.
Analysts Offer Insights on Financial Companies: Bit Digital (BTBT), Mitsubishi UFJ Lease & Finance Company (OtherMIUFF) and Royal Bank Of Canada (RY) The Globe and Mail
Royal Bank of Canada presented at a conference, discussing gains from the HSBC Canada integration, deposit rotation, and challenges posed by Net Interest Margin (NIM) headwinds.
Bank of Canada Governor Tiff Macklem announced the central bank's plan to move towards central repo clearing, a significant change in its financial market operations.
After President Trump described Canadians as 'nasty,' Mark Carney, former Bank of Canada governor, suggested the word accurately reflects the acrimonious nature of trade talks between the two countries, despite Canada's prime minister laughing off the comment.
Mark Carney, former Bank of Canada governor, stated that Canada would not cut oil exports as a retaliatory measure against U.S. trade provocations, suggesting other response options are available.
Canada's opposition leader, Pierre Poilievre, has sent a letter to the Prime Minister demanding the release of details regarding the Gordie Howe Bridge deal, questioning what former Bank of Canada Governor Mark Carney 'negotiated away to the Americans.'
Bank of Canada Governor Mark Carney and BC Premier David Eby have agreed to uphold the oil tanker ban in northern British Columbia, a decision that influences Alberta's proposed pipeline routes. This agreement signals that Alberta's new pipeline will likely be directed south rather than through the northern region.
The Bank of Canada has decided to keep its benchmark interest rate steady at 2.25% for the fifth consecutive time, a move largely anticipated by financial markets.
Scotiabank has raised its price target for Royal Bank of Canada (RY) following the release of its fiscal Q1 earnings, indicating a positive assessment of the bank's performance.
Wedbush has cut its price target on CI&T Inc. (CINT) following slight misses in its Q1 results, while DA Davidson has reduced its price target on Salesforce, Inc. (CRM) after its Q1 earnings.
Former Bank of Canada governor Mark Carney delivered a speech addressing antisemitism, sparking discussion and opinion pieces on his remarks. The speech focused on the issue of antisemitism and its broader implications.
Laurentian Bank of Canada has reported its Q2 earnings and declared a dividend of CAD 0.47. The bank's Q2 earnings call highlighted these financial results.
The Bank of Canada has warned that global financial markets are increasingly vulnerable to sharp corrections, citing factors such as AI concentration and basis trades.
The Bank of Canada has reiterated its warning that global financial markets are increasingly susceptible to sharp corrections, citing factors such as AI concentration and basis trades as key vulnerabilities.
Mark Carney, former Governor of the Bank of Canada and Bank of England, is scheduled to meet French President Emmanuel Macron in Paris in advance of the upcoming G7 Summit in June.
A quant snapshot identifies Diana Shipping and National Bank of Canada among top-rated names in the market, while Pony AI and Alarum Technologies are noted as lagging.
Alberta Premier Danielle Smith and former Bank of Canada governor Mark Carney have reached an agreement on a new pipeline proposal for the province. This development has drawn commentary regarding its implications.
Ukraine suffered a massive Russian drone attack, reportedly involving 800 drones, which killed six and injured dozens. In response, Hungary's new Prime Minister, Peter Magyar, condemned the assault and summoned the Russian ambassador, signaling a potential shift in Budapest's stance towards Russia.
The European Central Bank is widely expected to keep interest rates unchanged, focusing on inflation, while the US Federal Reserve also held rates steady and signaled inflation risks. Jerome Powell will continue on the Fed board after his term ends.
An opinion piece criticizes former Bank of Canada governor Mark Carney's proposal for a sovereign wealth fund, framing it as an admission of Liberal government failures and a hostile environment for private investment.
Former Bank of Canada governor Mark Carney has outlined his plans for a new majority government, alongside other national stories including a battle for free speech in Alberta.
WeWire, a cross-border payment company founded by Ghanaian entrepreneurs, has officially registered as a Payment Service Provider (PSP) under the Bank of Canada, aiming to bridge African and global payments.
Financial analysts have released their assessments and insights on several companies, including Bit Digital, Mitsubishi UFJ Lease & Finance Company, and Royal Bank of Canada.
Two members of the Bank of Canada's rate-setting Governing Council are set to leave their positions. The council also agreed that the Iran war should not overshadow other existing risks.
During a discussion in Sydney, former Bank of Canada Governor Mark Carney reportedly used an expletive while sharing a story about bankers having more fun than politicians.
A National Post report indicates growing tensions between Ontario Premier Doug Ford and former Bank of Canada governor Mark Carney, suggesting that stumbles in both camps are testing the relationship between Ontario and Ottawa.
The Bank of Canada has been ordered for the second time this month to stop using contract workers at its headquarters while its security officers are on strike.
An 86-year-old Ontario woman lost close to a million dollars after being defrauded by a deepfake video of Mark Carney, who falsely claimed her investment was backed by the Bank of Canada.
Canadian Tory leader Pierre Poilievre has called former Bank of Canada governor Mark Carney an 'illusion,' stating that the Liberal government is heading towards a 'collision between reality and the illusion.'
Liberal Members of Parliament are discussing whether former Bank of Canada governor Mark Carney is a 'demanding' boss or prone to yelling, as he is described as a 'no bullsh-t kind of person'.
TD Securities has reiterated its bullish outlook on Royal Bank of Canada (RY) stock. The firm's analysis suggests continued confidence in the bank's performance and market position.
The Bank of Canada has issued a warning against overreacting to technical recession indicators, suggesting a cautious approach to economic assessments.
Royal Bank of Canada announced a beat on its Q2 earnings, driven by strong performance in its capital markets and wealth management fees. This positive financial update was highlighted during their earnings call.
Canada's major banks, including Royal Bank of Canada and TD Bank, have reported broad-based earnings beats for the quarter, driven by strong performance in Canadian banking, wealth, and wholesale units. The positive results come as credit fears begin to ease.
An advocacy group has highlighted former Bank of Canada governor Mark Carney's in-flight catering expenses, which reportedly totaled almost $200,000 for three trips in 2025, including fine wine and luxury butter.
Ontario is grappling with potential child-care chaos as former Bank of Canada governor Mark Carney reportedly loses interest in supporting Prime Minister Trudeau's $10-a-day child-care plan, with blame likely to fall on Premier Doug Ford.
Jerome Powell held his final press conference and oversaw his last rate decision as Federal Reserve Chair, announcing his intention to remain on the Fed board after his term as chair ends. This decision comes after nearly eight years as head of the central bank.
Juicyway has received approval from the Bank of Canada to operate as a Payment Service Provider, establishing its regulatory foundation ahead of its official market entry for cross-border payments.
Surveys conducted by the Bank of Canada reveal that an ongoing war is influencing inflation expectations within the country. This suggests a significant external factor affecting Canada's economic outlook.
Analysts provide their perspectives and insights on several financial companies, including Bit Digital, Mitsubishi UFJ Lease & Finance Company, and Royal Bank of Canada.
At a National Bank of Canada conference, CEO Ferreira highlighted inflation risks related to Iran and reiterated the bank's 2027 Return on Equity (ROE) target.
Royal Bank of Canada, Toronto-Dominion Bank, Bank of Montreal, and Canadian Imperial Bank of Commerce all reported record-breaking first-quarter earnings, driven by strong growth across various banking sectors.
Royal Bank of Canada (RBC) has surpassed earnings estimates, primarily due to robust performance in its retail banking division and across other units.