Ben Carlson, portfolio manager at New York-based Ritholtz Wealth Management, attempted to answer what is arguably the most important question for investors, namely, “Why isn’t inflation going down? ? » One explanation…
Tag: Bank of Montreal
Opinion: Buying HSBC Canada would cement a dominant market position for RBC or TD
The auction of HSBC’s Canadian banking unit is expected to fetch more than $10 billion.Fred Lum/The Globe and Mail The once-in-a-generation sale of HSBC Bank Canada, the country’s seventh-largest lender, forces the…
Tender for HSBC Canada tightens as two major banks drop out
Canada’s six largest banks have held preliminary meetings for possible bids in the auction of the Canadian branch of British firm HSBC Holdings Inc., but sources say two potential bidders have backed…
Recession Expectations Widespread, Inflation Outlook Remains Elevated, Bank of Canada Surveys Show
The Bank of Canada on Monday released a pair of quarterly surveys showing a sharp decline in business and consumer confidence in the economy as interest rates rise.Sean Kilpatrick/The Canadian Press The…