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Posts Tagged ‘banking industry’

P2P Lending In Canada with Michael Garrity CEO of CommunityLend

Monday, June 28, 2010, 11:27
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I was sitting at home relaxing after a hard week (damn G20) and I decided I'd sit down to watch some World Cup soccer. Relax a little bit, I've forgotten what that feels like. Immediately once I sat down, I received an email lead from our editor about a new Canadian Tool for consumers. A P2P (peer-to-peer) lending tool that is online for Canadians. I ... Full story

Tags: banking industry, canadian marketplace, market niche, michael garrity, p2p peer, peer to peer lending, peer to peer network, private investors, securitization, world cup soccer

New Banking Rules a Threat?

Friday, April 9, 2010, 8:34
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Rick Waugh, Scotiabank chief executive noted that Canadian banks could be weakened by the stricter international regulations that could possibly change the way financial institutions handle loans. The new proposed international lending rules threaten the foundation that has strengthened domestic banks in the face of the global credit crisis. Waugh noted that there is a real danger for ... Full story

Tags: banking industry, business loans, canadian banks, credit crisis, domestic banks, financial institutions, financial sector, financial stability, g20 summit, global credit, global crisis, global integration, global rules, government leaders, liquid assets, rick waugh, risk management, summit meeting

Big Six Banks Fight Against Tougher Rules

Thursday, April 8, 2010, 8:40
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A report shows that the bosses of Canada’s big six banks are fighting against having tougher global rules to govern the financial sector. The Globe and Mail reports that the chief executive officers of Canada’s biggest banks are worried that reforms to the global banking industry are being hammered out in haste. A major concern is that the ... Full story

Tags: annual meeting, bank of nova scotia, banking industry, banking systems, biggest banks, chief executive officer, chief executive officers, financial sector, free banking, global banking, global rules, globe and mail, recession, regulators, rick waugh

Canada’s Biggest Banks Earn $5.09B in First Quarter

Wednesday, March 10, 2010, 9:37
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Canada’s five biggest banks saw their profits rise by almost two-thirds in the first quarter of 2010, compared to the same period last year when the recession had taken root and any earnings were taken away. The banks have earned a combined total of $5.09 billion in the three months that ended on January 31st; compared to ... Full story

Tags: Bank of Montreal, banking industry, banking sector, biggest banks, BMO, canadian imperial bank of commerce, CIBC, credit crisis, loan losses, RBC, recession, Royal Bank of Canada, service analyst, toronto dominion bank

Conference Board: Canada Should Lead Regulatory Overhaul

Thursday, January 21, 2010, 10:00
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The Conference Board of Canada has noted that Canada should be taking a leadership role in the global banking industry and spearhead smart regulator reforms in order to prevent another financial crisis. Now not to sound bias, just because I am Canadian, but if you look at the fact that Canada did not need ... Full story

Tags: banking industry, fundamental rules, recession

RBC Centura and Social Media

Tuesday, June 9, 2009, 6:30
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I am a strong advocate for social media and believe it has the potential to be the next form of communication and information for us. I, like many other millions of people out in the world enjoy going to Youtube every day (ok that is a lie I go on like ... Full story

Tags: banking industry, csr, customer service, personality, positive attitude, rbc centura, service ability, straight to the point, wakeup call, www youtube

ING Direct Launch New Website

Monday, June 8, 2009, 4:12
Bank Accounts, News
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Well ING Direct this week launched a brand new website called fairfees.ca. The site is designed to promote the issue that most Canadian Banks are penny pinching the Canadian population. ING Direct is promoting the idea of fair banking fees across the Canadian banking industry. This is a terrific idea and one that would definitely ... Full story