Fed objects to capital plans of RBS, HSBC, Santander. The U.S. central bank started scrutinising foreign banks' emergency plans only this year but its tough verdict on RBS, HSBC and Santander- three of Europe's largest banks- as well as U.S. giant Citigroup throws down a gauntlet to the European Central Bank as it readies its own bank stress tests this year.
"I just named Joe Oliver Canada's new finance minister," Conservative Prime Minister Stephen Harper wrote on his official Twitter.
OTTAWA, March 19- Joe Oliver, Canada's former energy minister and champion of the controversial Keystone XL pipeline, was appointed the country's new finance minister on Wednesday, signaling a stay-the-course approach to fiscal and economic policy.
TORONTO, March 13- Toronto-Dominion Bank hopes to expand its U.S. wealth management business, targeting a million people with at least $100,000 in liquid assets who already are customers of its growing U.S. retail bank, said a senior executive of Canada's second-largest lender.
TORONTO, Feb 27- Toronto-Dominion Bank and Canadian Imperial Bank of Commerce both posted better-than-expected quarterly profits and raised their dividends on Thursday, benefiting from recent acquisitions and strong wholesale banking income.
TORONTO, Feb 27- Toronto-Dominion Bank said on Thursday its first-quarter profit rose 15 percent on the back of stronger wholesale banking and U.S. retail banking income, and the lender boosted its dividend by a robust 9 percent.
TORONTO, Feb 27- Toronto-Dominion Bank said on Thursday its first-quarter profit rose 15 percent on the back of stronger wholesale banking and U.S. retail banking income, and the lender boosted its dividend by 9 percent.
Canada's largest bank said on Wednesday it had earned C $2.09 billion, or C $1.38 a share, in the first quarter ended Jan. 31, compared with C $2.05 billion, or C $1.34 a share, a year earlier. Excluding C $92 million in charges from the sale of Jamaican operations announced last month as well as restructuring charges in the Caribbean, earnings were C $1.47 a share.
TORONTO, Feb 25- Bank of Montreal reported higher-than-expected quarterly earnings on Tuesday on strong wealth management and domestic banking profits, and executives said they expect the uneven performance of BMO's U.S. unit to eventually improve.
TORONTO, Feb 25- Bank of Montreal reported higher-than-expected quarterly earnings on Tuesday after a strong performance in its wealth management business and growth in domestic banking profits in spite of worries about a slowing housing market.
*Shares hit a high of $26.45, valuing company at $9.19 bln. Jan 23- Shares of Santander Consumer USA Holding Inc, the auto-finance unit of Spanish bank Santander SA, rose as much as 10 percent in their U.S. market debut as investors expect the company to benefit from rising auto sales. As of Sept. 30, about $850 billion of auto loans were outstanding in the United States.
CALGARY, Alberta, Dec 19- As Wall Street's giants pull back from the energy business, Canadian banks are stepping forward, aided by booming domestic oil production and a reputation for prudence.
TORONTO, Dec 5- Royal Bank of Canada Chief Executive Gordon Nixon will step down next summer after 13 years at the helm of Canada's largest bank, handing the reins to the RBC's retail banking head, Dave McKay, the bank said on Thursday. Nixon is the longest-serving of Canada's current crop of bank CEOs, but at 56, by no means the oldest.
OTTAWA, Dec 5- Bank of Canada Senior Deputy Governor Tiff Macklem is resigning in May 2014 to become dean of a business school in Toronto, the central bank said on Thursday, some six months after Macklem was passed over for the job of governor.
*CEO Nixon to be replaced by executive Dave McKay. TORONTO, Dec 5- Royal Bank of Canada Chief Executive Gordon Nixon will step down next summer after 13 years at the helm of Canada's largest bank, RBC said on Thursday as it announced a stronger-than-expected quarterly profit.
*Extends shareholder agreement with TD Ameritrade to 2021. TORONTO, Dec 5- Toronto-Dominion Bank, Canada's second-biggest bank, said on Thursday its quarterly profit rose 1.6 percent, missing expectations, and it announced a 2- for-1 stock split.
TORONTO, Dec 5- Toronto-Dominion Bank, Canada's second-biggest bank, said on Thursday that its quarterly profit rose 1.6 percent, missing expectations, and it announced a 2- for-1 stock split. Eastern Seaboard, earned C $1.62 billion, or C $1.68 a share, in the fourth quarter ended Oct. 31.
TORONTO, Dec 5- Royal Bank of Canada, the country's largest bank, said on Thursday that its quarterly profit rose 11 percent and that Chief Executive Officer Gordon Nixon would step down next summer after 13 years in his position.
*Canada's No. 4 bank is first to report quarterly results. TORONTO, Dec 3- Quarterly earnings at Bank of Montreal rose 1 percent due to stronger wealth management profit, and Canada's No. 4 bank raised its dividend, but its shares fell on Tuesday on the back of a sluggish performance at its U.S. Harris Bank unit.
*Gold- mining shares hit a four-month low. TORONTO, Nov 21- Canada's main stock index advanced on Thursday as a jump in the price of oil pushed up shares of energy companies and positive U.S. economic data drove gains across most of the other major sectors. "Sentiment is quite bullish," said Elvis Picardo, strategist at Global Securities in Vancouver.