TD cut rates on fixed mortgages
Pacific & Western posts quarterly loss
CIBC has completed its issue $200 million of preferred shares, the bank said Friday.The offering consisted of 8 million non-cumulative Rate Reset Class A Preferred Shares, Series 37, priced at $25 per Series 37 Share.The offering was made through a syndicate of underwriters led by CIBC World Markets Inc. The Series 37 Shares commence trading […]
Five Continents Financial deal demonstrates bank’s commitment to Caribbean region
Shareholders of Jovian Captial Corp. have overwhelmingly approved the proposed consolidation of Jovian’s common shares, the company said Friday.The ratio of consolidation won’t exceed 20 old common shares for 1 new common share, but the timing and final ratio of the consolidation will be determined by Jovain’s board directors, the company said.The Jovian group of […]
Wells Fargo cuts dividend
Canadian household credit in January up 9.6% over last year
Temporary reduction will help maintain positive yield
Bank’s pro-forma Tier 1 capital ratio to rise to 11.5%
Miquelon named as MX president and CEO