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Big banks dial back compensation for new CEOs

2015-04-13 21:59:20| Grocery - Topix.net

The CEOs now running Canada's biggest banks have lower overall compensation than their predecessors, a new study found. Canada's five big banks appear to be dialling back their compensation packages, according to a study from consultancy McDowall Associates.

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Big Short II: Can Canada's Largest Banks Absorb Increasing Defaults From A Real Estate Crash?

2015-02-24 04:41:19| Grocery - Topix.net

This article is a continuation of my analysis on the Canadian mortgage market; The Big Short II: Why High LTV Canadian Mortgages Are The New Subprime . My analysis showed that a 4 percent increase in mortgage rates significantly increases the likelihood of systemic defaults across the entire high loan-to-value mortgage market which accounts for approximately 29 percent of Canada's mortgage market.

Tags: real big estate short

 
 

ASX extends rally as big banks scale new highs

2015-02-05 18:29:42| Automakers - Topix.net

ASX rebounds to extend gains for 11th day. FlexiGroup Limited were the day's best performer after unveiling its interim results.

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Big four banks under pressure to rule out funding Queensland coal projects

2014-11-25 05:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias largest banks are coming under pressure from environmental groups not to fund huge coal projects in central Queensland, amid accusations the government is encouraging financial institutions to back the new mines. The Australian Conservation Foundation has called on the big four banks ANZ, Westpac, Commonwealth Bank and NAB to rule out financial support for nine proposed mines in the coal-rich Galilee Basin region of Queensland. Financial backing for the mines, which will produce...

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Australians Divest From Big Four Banks That Fund Fossil Fuel Projects

2014-05-02 17:48:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Today and tomorrow hundreds of customers with Australias Big Four Banks will close their accounts in a statement against the banks investments in new coal and gas projects. These customers will be taking part in Australias first "National Days of Divestment Action" organized by Market Forces and 350.org Australia. Since May of last year, hundreds of customers have "put their bank on notice" and pledged to move more than $100 million AUD out of the Big Four banks unless they commit to ruling...

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