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One firm's inability to access bank data shows how fragile fintechs can be; payments processor Square quietly withdraws bank application; turnover of chief risk officers is on the rise; and more from this week's most-read stories.
July 6 -
A new standard would make financial apps work together the way iPhone apps do. Twelve large banks, including JPMorgan Chase, Morgan Stanley and RBC, are already using it.
July 2 -
Toronto-Dominion's returns more than doubled its Canadian competitor in the past year, eliminating the premium Royal Bank shares enjoyed for the better part of a decade.
June 21 -
Royal Bank of Canada introduced a wave of technology initiatives in a bid to attract more tech-savvy customers who embrace a digital lifestyle.
June 13 -
Royal Bank of Canada fired its U.S. investment banking chief Blair Fleming because he failed to disclose that he was having an improper relationship with an employee.
June 8 -
The firm graded bank and credit card apps on customer satisfaction, appearance, navigability, and availability and clarity of information.
June 7 -
Royal Bank of Canada, CIBC and Toronto-Dominion have the capital to do deals, but they would rather use it to build out new business lines or expand into new markets than buy other banks. Here’s why.
May 25 -
The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.
May 24 -
The financial technology infrastructure firm has made its first move to provide services outside of the U.S.
May 22 -
The country's six largest lenders are approaching their strongest capital position since 2013, leaving them with enough resources to pursue acquisitions, buy back shares or build from within. That has the chiefs of Canada's big banks weighing options.
April 12