-
Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while saying that they serve "critical roles," and that the Trump administration is willing to work with them.
April 23
-
As steep tariffs on Canadian goods took effect this week, banks on both sides of the border expressed concern about the economic fallout and the uncertainty their customers face.
March 5
-
The Canadian bank's U.S. unit is restructuring its balance sheet and managing the fallout of anti-money-laundering compliance failures, but there were some positive indicators in last quarter's results.
February 27
-
As part of the transaction, Scotiabank will take a 20% ownership stake in Davivienda, Colombia's third-largest bank, which has operations in Costa Rica, El Salvador, Honduras, Panama and Miami.
January 6
-
The Canadian bank received approval from the Federal Reserve to increase its ownership stake in KeyCorp to up to 14.9%. The investment is expected to close by the end of this month.
December 13
-
The Canadian bank fell short of analysts' expectations on non-interest income partly because of a higher-than-anticipated tax rate. Scotiabank's results also included a one-time impairment charge related to its investment in Bank of Xi'an Co. in China.
December 3
-
The inquiry by securities regulators came in response to reporting that bank employees pushed products in ways that misled customers as they sought to meet their sales targets.
November 27
-
Canada's banking regulator is beefing up its rules on corporate culture, saying that it expects executives and boards to be accountable.
November 22
-
The license would make it easier for the Swiss bank to make loans and take deposits across the United States.
November 18
-
The sweeping enforcement actions will be a watershed event for TD Bank's U.S. subsidiary, which had previously been a promising growth engine.
October 10
