Americas

Five payment companies were named as defendants in a case that could set a precedent for both prediction markets and the financial firms working with them.

The Toronto-based banking giant reported better third-quarter profit growth and credit quality south of the border than in its core Canadian market.

Even as U.S.-Canadian trade relations reached a new low, Canada's second-largest bank reported strong profit growth at its American business.

Royal Bank of Canada executives said they see plenty of organic-growth opportunities in the U.S., including in Texas, but would also consider acquisitions.

Cogent Bank has tapped an industry veteran to lead a new unit focused on ensuring high-net-worth clients can smoothly transfer assets to their heirs.

Executives at two of Canada's largest banks expressed confidence Tuesday that they can survive a new trade war. But analysts warn that the situation is highly unpredictable.

Scotiabank is almost three years into a new strategy under CEO Scott Thomson and this is a pivotal year for the bank to begin showing results.

The bank's decision to transfer two of its exchange-traded funds to the Texas Stock Exchange is an effort to better align the funds with their investment thesis, the bank said.

Jeff Kesler leads a firm that recently struck a deal to acquire a small bank in Palmer, Texas. Kesler says he's on the lookout for other Lone Star State banks to buy.