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  • OTTAWA, Dec 23- The Canadian economy showed surprising strength in October, growing by 0.3 percent after a 0.4 percent gain in September, partly the result of an unexpected surge in manufacturing, according to Statistics Canada data released on Tuesday. Public sector output also jumped because a British Columbia teachers' strike ended, and mining, oil and gas...

  • SINGAPORE/ HONG KONG, Dec 8- Royal Bank of Scotland Plc has launched the sale of private bank Coutts International and has invited at least 10 potential suitors, including Credit Suisse, Julius Baer and Malayan Banking Bhd to participate in an auction, sources said. RBS and its adviser Goldman Sachs have sent out sale documents containing financial and other...

  • TORONTO, Dec 5- Shares of Bank of Nova Scotia and National Bank of Canada weakened after the lenders reported quarterly results on Friday, closing out an earnings season in which Canadian banks largely disappointed investors. National Bank of Canada, the country's sixth-largest lender, reported a higher profit largely in line with analysts' expectations, led...

  • TORONTO, Dec 4- Shares of Toronto-Dominion Bank and Canadian Imperial Bank of Commerce slid on Thursday after posting soft results in what is shaping up to be a disappointing fourth-quarter earnings season for Canadian lenders. TD Bank reported a weaker-than-expected profit, even as its revenue and earnings rose, and said it expects a more challenging...

  • TORONTO, Dec 3- Royal Bank of Canada reported a stronger fourth-quarter profit on Wednesday as gains at its core personal and commercial banking and wealth management businesses offset weakness at its capital markets arm. Canada's largest bank reported net income of C $2.3 billion, or C $1.57 a share on a fully diluted basis, for the fourth-quarter ended Oct. 31,...

  • TORONTO, Dec 3- Royal Bank of Canada reported a stronger fourth-quarter profit on Wednesday as gains at its core personal and commercial banking and wealth management businesses offset weakeness at its capital markets arm. Canada's largest bank reported net income of C $2.3 billion, or C $1.57 a share, for the fourth-quarter ended Oct. 31, compared with C $2.1...

  • OTTAWA, Nov 28- Canada's economy grew faster than expected in the third quarter, according to data on Friday, but cheaper oil prices add to the likelihood the Bank of Canada will not consider higher interest rates anytime soon despite the recent run of strong figures. Bank of Montreal chief economist Doug Porter said the string of strong data on jobs, auto sales,...

  • Nov 18- Canadian regulators are investigating traders' practice of circumventing domestic markets by sending stock orders to venues in United States in exchange for rebates, the Wall Street Journal reported. "But, in Canada, brokers are prohibited from paying them, and regulators there, including the Ontario Securities Commission, are exploring whether rule...

  • PLYMOUTH, Wisc., Oct 8- Chicago Federal Reserve Bank President Charles Evans on Wednesday again urged the U.S. central bank to be "exceptionally patient" on raising rates, noting downside risks to both growth and inflation. The Fed has kept interest rates near zero since December 2008 and has bought trillions of dollars of long-term securities to push borrowing...

  • DIARY - Top Economic Events to Oct 20 Monday, 6 Oct 2014 | 8:01 PM ET

    NEW YORK- World Business Forum in New York. Treasury Secretary Jack Lew talks about the global economy and the recent G20 finance ministers meeting in a discussion sponsored by the Peterson Institute- 1245 GMT. ALBUQUERQUE- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy before an economic forum hosted by the Federal...

  • DIARY - Top economic Events to Oct 15 Thursday, 2 Oct 2014 | 8:01 PM ET

    KRISTIANSAND, Norway- Norges Bank Deputy Governor Jon Nicolaisen and Norges Bank Investment Management Chief Risk Officer Jan Thomsen address Norges Bank's regional network in Kristiansand. STOCKHOLM- Sweden's central bank Governor Stefan Ingves will hold a presentation for the Swedish Center for Business and Policy Studies/SIFR Finance panel.

  • DIARY - Top economic Events to Oct 16 Wednesday, 1 Oct 2014 | 8:01 PM ET

    Treasury Secretary Jack Lew, U.S. Deputy Secretary Sarah Bloom Raskin participate in open meeting of the President's Advisory Council on Financial Capability for Young Americans in Washington- 1300 GMT. RICHMOND- Federal Reserve Bank of Richmond and the Kiel Institute for the World Economy hold two-day conference on "The Labor Market After the Great...

  • DIARY - Top Economic Events to Oct 13 Monday, 29 Sep 2014 | 8:01 PM ET

    LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.

  • DIARY - Top Economic Events to Oct 8 Thursday, 25 Sep 2014 | 8:01 PM ET

    LONDON- Bank of England holds quarterly Financial Policy Committee meeting. Federal Reserve chair Ben Bernanke speaks before the National Association for Business Economics annual meeting in Chicago- 1615 GMT.

  • Bank of Montreal is sued over Tom Petters' Ponzi scheme Thursday, 18 Sep 2014 | 6:58 PM ET

    Sept 18- Bank of Montreal was sued on Thursday by a trustee liquidating two Florida funds that claimed to have lost money in a Ponzi scheme operated by Minnesota businessman Thomas Petters.

  • COPENHAGEN, Sept 4- Denmark's Simcorp, a provider of software and services to the financial sector, expects to get back on track in the United States within a year, after replacing poorly performing managers, its chief executive told Reuters on Thursday.

  • *Bank of Canada had forecast growth of 2.5 pct; market +2.7 pct. OTTAWA, Aug 29- Strong consumer spending and a jump in exports helped the Canadian economy bounce back from a weather-restrained first quarter, with annualized growth of 3.1 percent in the second quarter after a downwardly revised 0.9 percent in the first.

  • TORONTO, Aug 26- Bank of Nova Scotia and Bank of Montreal posted higher third-quarter profits on Tuesday, benefiting from gains at their traditional Canadian lending arms as well as the impact of buoyant capital markets.

  • TORONTO, Aug 22- Royal Bank of Canada on Friday reported a bigger-than-expected increase in quarterly earnings, driven by strong results from its wealth management and capital markets divisions. Shares in the bank hit a lifetime high of C $82.15 early on Friday before easing 1.2 percent to C $80.67 on a negative day on the Toronto Stock Exchange.

  • The annual inflation rate fell to 2.1 percent in July from 2.4 percent in June, a touch above the Bank of Canada's 2 percent target but lower than the 2.2 percent forecast of economists in a Reuters survey.