Fierce Rate Competition Hits Margins At Canadian Banks
Jun14

Fierce Rate Competition Hits Margins At Canadian Banks

Canadian bank’s Q2 2011 earnings show intense rate competition, which hit net interest margins (NIM), indicating they may not be superior to US banks.

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Canadian Banks Lower Rates 5/28/2011
May28

Canadian Banks Lower Rates 5/28/2011

On 5/27/2011, four of Canada’s largest banks announced decreases to a number of their fixed rate mortgages by 0.10%. The Royal Bank of Canada (RBC), Toronto Dominion Bank (TD Canada Trust), Bank of Montreal (BMO), and Bank of Nova Scotia (Scotiabank)..

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TD Canada Trust Raises Rates 4/5/2011
Apr04

TD Canada Trust Raises Rates 4/5/2011

On 4/4/2011, the Toronto Dominion Bank (TD Canada Trust) [TD/tse:TD], announced fixed mortgage rate increases. It is expected that the other big banks (Royal Bank, CIBC, Scotia, National Bank, BMO, etc) will follow suite and raise rates as well.

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Variable Vs Fixed Rate Mortgage
Jan28

Variable Vs Fixed Rate Mortgage

Although rates have increased from their historical lows since the height of the financial crisis, they still remain relatively low. For those thinking about renewing or getting a new mortgage, the age old question of which type of mortgage to go with comes to mind.  Is a Fixed Rate Mortgage (FRM) or Variable Rate Mortgage (VRM) better?  Lets look at some considerations: . Mortgage Types Variable Rate Mortgage (VRM): A variable rate...

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2011 Mergers & Acquisitions Outlook and 2010 Summary
Jan17

2011 Mergers & Acquisitions Outlook and 2010 Summary

NOTE: A NEWER ARTICLE HAS BEEN PUBLISHED (7/6/2011) •   2011 Mid-Year Mergers & Acquisitions Update and Outlook. In 2010, corporate merger and acquisition (M&A) activity made a huge comeback. Most of the M&A activity involved North American companies, but activity has also increased around the world, and in various market sectors / industries.  Companies have stashed away a record amount of cash, which they have hoarded...

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