Tags » National Bank

Bank insecurities

The author, P Vaidyanathan Iyer, wants to emphasise the need of tackling the non-performing assets (NPAs) in the banking sector. Stressed assets (defined as an account where principal and/or interest remains overdue for more than 30 days… 262 more words


Business a.m.: Falling oil, Super Bowl hangover and a weak clothing forecast

Global stock markets are starting the week nervously.

Stocks in Europe and Asia were down and so were oil prices, which weakened the Canadian dollar to 71 cents U.S. 610 more words


National Bank to write off $165-million investment after Germany shuts down Maple Bank

National Bank of Canada will take a writedown of $165 million, which represents the full carrying value of its investment in Canadian trading and securities lending firm Maple Financial Group, after authorities in Germany shut down Maple’s business activities there over the weekend. 365 more words


The Solution - Labour-based Currency

Having established the fundamental problem of our current economic system, we will now present the essential principles of a viable solution – labour-based currency – and how this system would be practically be implemented. 1,033 more words


CIBC, National Bank likely most relieved Bank of Canada rate cut didn't happen: Barclays

Officials at Canadian Imperial Bank of Commerce and National Bank of Canada are probably breathing the greatest sighs of relief that the Bank of Canada opted not to cut interest rates on Wednesday, based on a analysis by Barclays Capital. 224 more words


OTD: Taxes were collected at the Alsavor's Store, Saratoga Lake

#onthisday in 1967, town of Saratoga taxes were collected at the Alsavor’s Store on Saratoga Lake.

The January 9, 1967 Saratogian reported: Taxpayers in the Town of Saratoga have received their tax bills and payments are being received by Michael Nolan, Tax Collector, at his residence, 96 Pearl St., from 9 a.m. 152 more words

BIG SIX BANKs report obscene RECORD $34billion in profits for 2015...and still complaining!

 It’s that time of the year again..  The Banks have to report their annual profits.. And no surprise, the BIG SIX BANKS are at it again.. 394 more words

Mortgage Penalties