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Stock Market & Financial Investment News

News Breaks
January 8, 2013
07:58 EDTTD, RY, NTIOF, BNS, CM, BMORBC Capital to host a conference
Canadian Bank CEO Conference is being held in Toronto on January 8.
News For RY;BMO;BNS;TD;CM;NTIOF From The Last 14 Days
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May 21, 2013
09:33 EDTBNSBloomberg LINK to host a summit
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May 16, 2013
12:32 EDTRYEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
May 14, 2013
06:19 EDTBMOBank of Montreal downgraded to Underweight from Equal Weight at Morgan Stanley
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06:19 EDTRYRoyal Bank of Canada upgraded to Equal Weight from Underweight at Morgan Stanley
May 13, 2013
06:49 EDTRYECB member says negative deposit rates would help economy, Reuters says
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