Euro Falls Versus Dollar, Yen on Concern Greek Agreement Elusive - BusinessWeek


msnbc.com
Euro Falls Versus Dollar, Yen on Concern Greek Agreement Elusive
BusinessWeek
“The talks are influencing risk sentiment and the euro's dynamics,” Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London, said about the Greek bailout negotiations. “Markets are still a little nervous.
Euro Falls Versus Dollar, Yen Before Greek Response to Creditors San Francisco Chronicle

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Canadian banks to meet with US regulators over Volcker rule - Globe and Mail


Globe and Mail
Canadian banks to meet with US regulators over Volcker rule
Globe and Mail
However, the Canadian banking sector argues the changes have unfair consequences for Canada, according to the joint letter sent Thursday by Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and ...

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TD Bank Considering US 'Wealth Opportunity,' Pedersen Says - BusinessWeek

TD Bank Considering US 'Wealth Opportunity,' Pedersen Says
BusinessWeek
“We view both of these businesses as potential growth drivers for the bank in the next few years,” said Pedersen, who worked at London-based Barclays Plc and Canadian Imperial Bank of Commerce before joining Toronto-Dominion in 2007.

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Dollar Weakens Versus Euro on Speculation US Payrolls Climbed Last Month - Bloomberg


Bloomberg
Dollar Weakens Versus Euro on Speculation US Payrolls Climbed Last Month
Bloomberg
“An increase of 100000 to 200000 should be beneficial for risk and see the dollar underperform,” said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London. The Dollar Index (DXY), which IntercontinentalExchange Inc.

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TEXT: Fitch: Major Australian and Canadian Banks Justifiably Highly Rated but ... - Reuters


Business Recorder
TEXT: Fitch: Major Australian and Canadian Banks Justifiably Highly Rated but ...
Reuters
The funding profile of the six major Canadian banks (Royal Bank of Canada, Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Nova Scotia, Bank of Montreal, National Bank of Canada) is viewed as a particular strength compared to peers.
Fitch places major Australian banks on RWN Business Recorder

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The Globe and Mail - Globe and Mail

The Globe and Mail
Globe and Mail
Canadian Imperial Bank of Commerce CM-T stopped some forms of mortgage lending this week “in an effort to mitigate risks and meet changing regulatory requirements,” the bank said in a company memo. CIBC told brokers it is no longer accepting so-called ...

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Canadian Banks Seek Fund Exclusion Under U.S. Volcker Rule - Bloomberg


Globe and Mail
Canadian Banks Seek Fund Exclusion Under U.S. Volcker Rule
Bloomberg
The banks that wrote the letter are Bank of Montreal, Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce, Royal Bank of Canada (RY) and Toronto-Dominion Bank. The proposed rule named for former Fed Chairman Paul Volcker, who championed the ...
Canadian Banks Seek Fund Exclusion Under US Volcker Rule BusinessWeek
Canadian bankers warn Volcker Rule may violate NAFTA agreement Credit Newsline

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Canadian Dollar Appreciates Versus Euro on U.S. Economic Expansion Outlook - Bloomberg


TheChronicleHerald.ca
Canadian Dollar Appreciates Versus Euro on U.S. Economic Expansion Outlook
Bloomberg
“The Canadian dollar is performing well but so is the Mexican peso and to a slightly lesser extent the Brazilian real,” said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London. “North America is moving ahead and ...
Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages San Francisco Chronicle

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Pound Strengthens for Third Week Against Dollar on Growth Signs - Bloomberg

Pound Strengthens for Third Week Against Dollar on Growth Signs
Bloomberg
“This week we have manufacturing and particularly services PMI moving up fairly significantly,” said Jeremy Stretch, head of currency strategy at Canadian Imperial Bank of Commerce in London. “Alongside that, sterling is a risk-correlated currency and ...

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Lowering Our Moat Ratings on Several Global Banks - Morningstar

Lowering Our Moat Ratings on Several Global Banks
Morningstar
... inherent structural advantages at five Canadian banks, and three more from Europe and the US They include Bank of Nova Scotia (BNS), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Royal Bank of Canada (RY), Toronto-Dominion (TD), ...

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