The U.S. government’s Troubled Assets Relief Program (TARP) is a positive for banks that tap the program, says Moody’s Investors Service in a new report. However, TARP likely won’t affect bank ratings.“The TARP capital injection is coming at a time when banks have limited, if any, access to capital,” says one of the report’s authors, […]
Bank’s risk positioning may have weakened
U.S. markets rally on Treasury Secretary reports
Lender hires Scotia Capital as financial advisor
Integrated platform will allow advisors to view TFSAs alongside othe registered and non-registered assets
CIA commends problem-solving focus of Ontario Expert Commission report
U.S. stock futures moved higher Friday after upbeat results from Dell and gains at overseas markets after two days of steep drops.U.S. and Canada stocks tumbled on Thursday as financial shares plunged and commodity prices kept falling.Better-than-expected results from Dell offered some reassurance that companies are earning solid profits during the economic downturn.In banking news, […]
Perreault assumes interim management
Returns do not justify active management