Deutsche Bank AG's merger talks with Commerzbank AG have put its 10,000 U.S. workers on edge, three employees told Reuters, with some concerned a deal could pressure Deutsche to further shrink or even dispose of its U.S. businesses.
TORONTO Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, two of Canada's biggest lenders, reported first-quarter earnings on Thursday that fell short of analysts' forecasts, hurt by weakness in their capital markets businesses.
TORONTO The financial services regulator in Canada's biggest province failed to make planned checks on mortgage brokers it had identified as risky because its resources were stretched, according to documents obtained by Reuters under freedom of information laws and information provided by the regulator.
TORONTO Thomson Reuters reported better-than-expected earnings on Tuesday, helping push its shares to a record high, and said it is continuing to look for acquisitions to bolster its Legal and Tax & Accounting units, where demand is up in part because of U.S. tax reforms.
TORONTO Royal Bank of Canada on Friday said first-quarter earnings rose in line with market expectations, as growth in personal and commercial banking offset lower earnings at its capital markets division.
TORONTO Huawei Chairman Liang Hua said on Thursday the company is committed to increasing investment in Canada despite the arrest of its chief financial officer by Canadian police at the request of the United States last December.
TORONTO/SASKATOON, Feb 14 A court in the
Canadian province of Saskatchewan on Thursday reserved its
decision on whether claims by a hedge fund against insurer
Manulife Financial Corp should be dismissed following a
change of rules in the province.
* Fund had net assets of $368.5 billion at Dec. 31
(Recasts with comments from CEO interview)