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Women make up one-third of S&P/TSX composite board positions for first time: ISS

Women make up one-third of S&P/TSX composite board positions for first time: ISS

TORONTO — ISS Corporate Solutions, Inc. says for the first time ever women hold one-third of the board director positions across companies listed on the S&P/TSX composite.
Canadian bank funding stable despite $57B market cap loss: report

Canadian bank funding stable despite $57B market cap loss: report

TORONTO — Credit rating agency DBRS Morningstar says funding levels at Canadian banks are stable despite about $57 billion in lost market capitalization for the Big Six banks over the past two weeks.
Credit Suisse-UBS deal offers hope, but bank doubts persist

Credit Suisse-UBS deal offers hope, but bank doubts persist

LONDON (AP) — Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.
Wall Street strengthens after big bank deal, regulator moves

Wall Street strengthens after big bank deal, regulator moves

NEW YORK (AP) — Wall Street is rising Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 was 0.
RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

TORONTO — Data from an environmental group shows RBC's fossil fuel expansion-related funding jumped by almost half last year to its highest level since the Paris climate agreement was reached in 2015. Stand.earth says the bank's US$10.
Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

TORONTO — The liquidation sales at Nordstrom stores across Canada will begin Tuesday.
Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.
New York Community Bank to buy failed Signature Bank

New York Community Bank to buy failed Signature Bank

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

GENEVA (AP) — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system.
Poilievre calls for testing that would allow doctors, nurses to work across Canada

Poilievre calls for testing that would allow doctors, nurses to work across Canada

OTTAWA — Conservative Leader Pierre Poilievre is calling for a countrywide standardized testing process that would speed up licence approvals for doctors and nurses.