Open this photo in gallery: The Bay Street Financial District in Toronto. The domestic stability buffer also affects the minimum capital levels that a bank is expected to hold.Nathan Denette/The Canadian Press Canada’s banking regulator has held steady the capital cushion that the country’s largest lenders must reserve, signalling that financial institutions are withstanding the
Open this photo in gallery: Scotiabank is planning to deploy 90 per cent of its capital – up from 70 per cent in 2023 – to its key businesses in Canada, the U.S. and Mexico over the next few years.Fred Lum/the Globe and Mail Bank of Nova Scotia BNS-T has tapped a senior executive at
By MARI YAMAGUCHI TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Friday that he spoke by telephone with U.S. President Donald Trump and agreed to hold “productive” discussions at an upcoming round of tariff talks between the two sides. “Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop
TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Friday that he held telephone talks with U.S. President Donald Trump and agreed to hold “productive” discussions at an upcoming tariff talks between the two sides. “Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop all
BRUSSELS — The European Union agreed Tuesday to provide emergency funds to help keep Radio Free Europe afloat after the Trump administration stopped grants to the pro-democracy media outlet, accusing it of promoting a news agenda with a liberal bias. Radio Free Europe/Radio Liberty started broadcasting during the Cold War. Its programs are aired in
Cryptocurrency titans make it seem easy for anyone to get rich off digital coins, and anyone who isn’t making millions in their free time is wasting an opportunity. Crypto really is the financial Wild West. There are almost no regulations or rules in digital coins as there are on the real-world currency exchanges and stock
PARIS — Having chopped a finger from their hostage, the kidnappers were preparing to drill one of his knees, France’s interior minister subsequently recounted. Quick work by French police freed the father of a wealthy cryptocurrency entrepreneur from the gruesome ordeal. Although the kidnapping this month ended with a police raid and seven suspects in
DUBAI, United Arab Emirates (AP) — A British Bank of America analyst has been sentenced to a decade in a Saudi Arabian prison apparently over a since-deleted social media post, according to his lawyer. The family of Ahmed al-Doush believes the charges against him stemmed from a deleted 2018 tweet about Sudan that did not
TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday. “It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during
LOS ANGELES — President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States. The details of the meeting were confirmed by a person familiar with the situation who