News

Canada's No.1 lender RBC posts rare profit miss, CIBC beats
Royal Bank of Canada missed analysts' quarterly profit estimates on Thursday as it set aside larger than expected sums of ...
Financial Post23d
Bank of Canada warns Trump's tariffs could trigger 'market dysfunction'
The Bank of Canada warned Thursday that recent market volatility as a result of United States tariffs could lead a sharp repricing in assets, and in extreme circumstances, result in “market ...
Global News23d
Bank of Canada says trade war ‘poses greatest threat to Canadian economy’
In its annual Financial Stability Report, the central bank said the financial system was resilient. But the impacts of tariffs slapped by U.S. President Donald Trump on Canada and Ottawa’s ...
Financial Post22d
Bank of Canada to start cutting rates again as jobs blow from tariffs materializes, economists say
Hourly wages rose 3.4 per cent in April from a year ago, while they grew 3.6 per cent in March. TD thinks the Bank of Canada will cut rates by 25 basis points at its next interest rate meeting on June ...
Investing15d
HSBC Bank issues new debt issuance program prospectus
LONDON - HSBC Bank plc announced the approval and publication of a base prospectus for its Debt Issuance Programme and a registration document, both dated Today, May 16, 2025. These documents have ...
Bloomberg L.P.23d
Bank of Canada Says Trade War Raises ‘Disorderly’ Selloff Risk
The Bank of Canada is warning that the ongoing tariff dispute has “rattled markets” and increases the risk of “disorderly” selloffs that would test the country’s financial system.
Yahoo Finance14d
Royal Bank of Canada price target raised to C$194 from C$190 at BofA
BofA raised the firm’s price target on Royal Bank of Canada (RY) to C$194 from C$190 and keeps a Buy rating on the shares. The cyclical rebound for the Canadian economy expected at the start of ...
MoneySense23d
A long trade war could mean more financial stress: Bank of Canada
Canada’s central bank says the trade war is threatening progress on financial stability, creating higher risks and the potential for mortgage defaults. The central bank says in its latest ...
Wall Street Journal22d
Canada’s Financial Stability Faces Stiff Test From U.S. Tariffs, Bank of Canada Says
Photo: Gordie Howe International Bridge Project OTTAWA—Risks to Canada’s financial stability have risen due to U.S. trade policy, the Bank of Canada said Thursday, warning that permanent ...
The Motley Fool Canada29d
Where Will Royal Bank of Canada Be in 5 Years?
The bank’s recent acquisition of HSBC Bank Canada also chipped in with $214 million in profit in just one quarter. It’s clear that RBC isn’t just sitting back; it’s expanding and executing ...
Reuters10d
Royal Bank of Canada
Four banks fined $132 million for sharing UK bond market information Britain's competition regulator has fined Citi , HSBC , Morgan Stanley and Royal Bank of Canada (RBC) a combined 104.5 million ...