Canada's RBC, National Bank CEOs get pay raises after mega deals
Royal Bank of Canada boosted CEO Dave McKay's 2024 salary by 61% to C$24.5 million ($17.14 million), including a C$4 million ...
Banks cut prime rate to 4.95%, following Bank of Canada's lead
Royal Bank of Canada, Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, ...
Best Stock to Buy Right Now: National Bank vs Bank of Montreal?
National Bank also showcased strong performance, posting a net income of $997 million for the same quarter, up 8% from $922 ...
Total pay for Big Six bank CEOs rose last year, even with declines at TD and BMO
The chief executives of Canada’s six biggest banks earned a combined $74.5-million in 2024, up from just under $72-million in ...
Canadian bank CEOs received pay increases in 2024 — except for these two
With a total pay of $12.07 million in 2024, National Bank of Canada chief executive Laurent Ferreira received a 30 per cent increase from his pay in 2023.
'Buy Canada' pressure builds on $1.6 trillion in pension pot
The country’s biggest pensions, known as the Maple Eight, oversee roughly C$2.3 trillion ($1.6 trillion), about a quarter of which is invested in Canada, according to Bloomberg calculations. Many ...
US Bancorp DE Sells 842 Shares of Lincoln National Co. (NYSE:LNC)
US Bancorp DE lessened its stake in shares of Lincoln National Co. (NYSE:LNC – Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 41,423 ...
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Former Laval penitentiary will become affordable housing
The old St-Vincent-de-Paul penitentiary in Laval will be transferred by the end of 2025 to the Canada Lands Company for the construction of affordable housing and the creation of community spaces.