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A service for banking industry professionals · Sunday, April 6, 2025 · 800,740,931 Articles · 3+ Million Readers
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  • Published on Apr 5, 2025

    Hudson’s Bay liquidation highlights pension vulnerability in Canada

    Open this photo in gallery:Hudson’s Bay in Richmond Centre in Richmond, B.C., on March 27. Hudson’s Bay Company announced on March 21 that all but six of its locations across Canada would be liquidated after the company filed for credit protection.Isabella …

    Source: The Globe and Mail - Neutral
  • Published on Apr 5, 2025

    Finovate Global Canada: Mitigating Currency Volatility, Earning Banking Licenses, and More!

    This week’s edition of Finovate Global looks at recent fintech developments in Canada. Float Unveils Float FX to Help Canadian Businesses Save on Currency Conversion Costs Toronto, Ontario-based business finance platform Float unveiled a new solution for …

    Source: Finovate - Neutral
  • Published on Apr 3, 2025

    Santander secures banking licence in Canada

    Spanish lender Banco Santander has received a banking licence in Canada, marking a step in its strategy to expand operations across the Americas. The Office of the Superintendent of Financial Institutions (OSFI), Canada’s banking regulator, issued an order …

    Source: Retail Banker International - Label Pending
  • Published on Apr 2, 2025

    Santander wins Canadian banking license amid push into Americas

    Article content Canada’s banking regulator, the Office of the Superintendent of Financial Institutions, issued an order for Santander Consumer Bank to “commence and carry on business” early last month, according to a notice published in the government’s …

    Source: Financial Post - Center-right
  • Published on Apr 2, 2025

    Banco Santander secures Canadian banking licence

    Bloomberg reported that the authorization of a new foreign entity in Canada’s banking sector follows recent claims by US president Donald Trump, who inaccurately stated that US banks are prohibited from operating in Canada. In reality, over a dozen US …

    Source: Mortgage Professional Australia - Neutral
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