The Bank of Nova Scotia, or Scotiabank as it's commonly known, has more than $1.3 trillion inassets. The bank serves more than 10 million customers in its home market and another 15 million worldwide.15Many deem Scotiabank as one of the more international banks in Canada, given its presen...
The big banks are raking in their billions - but at what cost?Fordyce Maxwell
The prime rate, also referred to as the prime lending rate, is an interest rate set by large Canadian financial institutions, such as the Big Six banks. While each bank sets its own prime rate, the posted prime rates for major banks are often the same. Their prime rates depend on the...
After years of testing, I’ve narrowed down my go-to power banks to two top-tier options. First up, the Sharge Shargeek 170, a powerhouse with serious capacity wrapped in a sleek, transparent design. This one has no trouble keeping my power-hungry MacBook Pro running on long flights, ...
It is one of the world's leading banking and financial centers. Buckingham Palace, Guildhall, St. Paul's Cathedral and Big Ben are some of the city's landmarks. The Port of London lies along the banks of the River Thames. The Tower Bridge of London over the River Thames has also ...
Why Canadian banks sold off on Q3 earnings? Could we see housing prices come under even more pressure from the impact of rising rates? Valuation perspective and earnings fundamental for...
They’re created by companies called aggregators, including government-sponsored entities such asFannie Mae or Freddie Mac. These aggregators buy loans from lenders, including big banks, and structure them into a mortgage-backed security. Think of an MBS as a giant pie with thousands of mortgages...
Risks in an Investment Portfolio Investment portfolios are a common vehicle for a quicker retirement and long-term wealth. However, constructing these portfolios can lead to several disadvantages if you aren't careful: Economic Downturns The most obvious risk is the potential to lose money. Investing...
Right now, that really does not seem likely. In fact, if current trends are anything to go by, you could argue the big banks don’t have too much to worry about: People just aren’t switching current accounts. According to theCMA, just 3% of customers switched in 2014 that’s in spi...
increases the total interest tally, but it means more years of being upside-down – owing more than the car is worth. This becomes a sudden problem if the vehicle is stolen or totaled in an accident and the insurance proceeds are less than the remaining balance on the loan,” McBride ...