All Entries Tagged With: "Canadian bank"

Canada strengthens its banks: mirror's US and Europe

Canadian banks

will be reinforced by its government guaranteeing its loans it was announced on Thursday, after the global financial crisis was forecast to send Canada to the brink of recession.
Jim Flaherty, Canada’s Finance Minister told reporters: “The government of Canada is acting today to ensure that financial institutions in this country are not [...]

Canadian banks reduce prime lending rates further

The big banks in Canada are helping to free up the frozen credit markets by passing onto consumers the governments interest cut. CIBC and TD Canada said they will lower their prime lending rate to 4.35 percent and this will come

Canadian Banks on the prowl for a US bargain bank like WaMu

Canadian banks may be able to delve deep into their pockets and seize the opportunity to buy a list of US banks, Washington Mutual Inc being one of