Systemically important designation manageable for Canadian banks: Fitch
Designation may affect their ability to raise dividends
- By: James Langton
- November 6, 2012 November 6, 2012
- 15:20
Designation may affect their ability to raise dividends
Global reinsurance industry has sufficient capital to absorb expected losses
European equities vulnerable to any new downgrades to growth
Rating agency says that it expects global banks to target capitalization in line with their peers
There is growing uncertainty over the “fiscal cliff” facing the U.S. economy
TSX up 0.65% for the week
Outlook for U.S. growth is unchanged
U.S. insurance industry remains prone to litigation,
Newfoundland and Labrador expected to benefit from strong wage gains next year
Company is on track to meet its 2012 financial guidance, says CEO Cope
Loonie edges higher despite GDP decline
Commodities advance; Loonie down as GDP edges lower
BoC governor appears before Commons finance committee
It’s the first time since 1888 that the NYSE has remained closed for two consecutive days
New York trading to resume Wednesday
Sandy has the potential to produce losses similar to Hurricane Irene, which generated insured losses of between US$4 billion and US$5 billion
Updates on Wednesday opening to come later
NYSE, Nasdaq to be closed Monday, possibly Tuesday
TSX ends the week down 0.93%
Issuance expected to rise
Review reflects concerns about high consumer debt levels and elevated housing prices
Romney could have a big impact on Canada’s oil patch
Craig Fehr, Canadian market strategist for Edward Jones, says the uncertainty surrounding the outcome of the U.S. presidential election has made investors nervous. He explains…
The need for interest rate hikes is ‘less imminent,’ says Carney
A large part of the European holdings comprise higher quality financial institutions and countries with more robust economies