Dieter Jentsch, head of international banking at Bank of Quebec, takes over as group head of global banking and markets at Canada’s third-largest bank when longtime executive Mike Durland retires. The transition will require place over the next few months, Scotia said in a statement Wednesday. Ignacio “Nacho” Deschamps, a global banking executive who is currently strategic adviser to Scotia ...
Read More »Yearly Archives: 2016
Meet the Canadian who developed a ranking system for all 3,141 U.S. counties
If nothing else the numbers are staggering – two million data points. But that’s the outcome when you set out to the build the very first of its kind within the U.S., a ranking system according to social and economic factors its the three,141 counties in that country. In all, the rankings, compiled in Canada, are based on 36 data ...
Read More »Who would be the best U.S. presidential candidate for oil and gas companies?
As the 2016 presidential race starts to heat up it’s time to take a look at the rest of the serious candidates and just what each one of these might mean for energy policies and companies in the U.S. While a great deal can occur within the next couple of months, the current leaders for the Republican Party are Mr ...
Read More »‘Flashing warning signs’: Canadian markets bracing for ‘dramatic’ Bank of Canada action — and a recession
OTTAWA ? Recent moves in Canadian markets claim that investors see increased likelihood of an economic downturn this season and the possibility of “dramatic action” from the Bank of Canada. Risks to Canada ‘substantial’ if oil stays below $50 for next five years, BofA warns Canada is going to be among the hardest hit nations within the developed world if ...
Read More »Spray-on law: Even graffiti artists have a claim on copyright
The ubiquity of graffiti inside a sharing economy has led many people to think C mistakenly C that it may be employed when needed. “Because graffiti tends to come in public facilities and often is a result of vandalism, lots of people, including people in the artistic community, possess the view that it is not protected by copyright,” says Tara ...
Read More »Two days, two deals: Can Barclays Capital Canada complete the hat trick on Wednesday?
The second week of February 2016 continues to be very rewarding for Barclays Capital Canada, one of Barclays Bank plc. On Tuesday, the day Fortis announced it had decided to offer US$6.9 billion to acquire U.S. power transmission company ITC Holdings Corp., tucked away towards the bottom from the release was that Barclays, together with Morgan Stanley, advised the seller. ...
Read More »This market is more 2011 than 2008, say analysts, complete with ‘quite severe’ rolling bear market
Financial markets have been flashing a lot of warning signs in the past month that have spooked investors and led to a flight ticket from risk for much of this year, drawing parallels to the economic crisis of 2008. Like that year, banks would be the big focus, with investors now selling off U.S. and European banks around credit fears. ...
Read More »Credit unions beginning to embrace fintech: ‘The way Canadians use financial services is rapidly changing’
Like Canada’s big banks, lending institutions are starting to embrace ‘fintech’ – financial technology – to protect key consumer and lending businesses from upstart online challengers which use a combination of data and technology to entice customers. British Columbia’s First West Bank and Vancouver-based Grow announced Wednesday they’ve formed a partnership targeting B.C. residents. , Northern Bank, located in Sault ...
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