Wednesday August 24th, 2016
Canadian lender says results were driven by earnings increases in three banking divisions
Royal Bank of Canada's profit for the latest period benefited from a drop in provisions against potential oil-and-gas-credit losses, even as an increase in bad energy loans signaled that risks servicing the sector remain elevated. Read more here.
Wednesday March 16th, 2016
Despite all of the headlines about a banking crisis in Greece, Europe is home to the world’s safest commercial banks, according to a report by Global Finance Magazine. The study compares 500 of the world's largest banks and their "long-term foreign currency ratings" issued by Fitch, S&P, and Moody's as of August 2014. Read more here.
Thursday October 9th, 2008
CANBERRA (Reuters) - Canada has the world’s soundest banking system, closely followed by Sweden, Luxembourg and Australia, a survey by the World Economic Forum has found as financial crisis and bank failures shake world markets. Read more here.
Wednesday February 25th, 2009
New York, February 25, 2009 — Such has been the turmoil in the world’s banking industry that, for the first time, Global Finance magazine is publishing a mid-year update of its muchrespected Safest Banks listing. A full report on the list will appear in the April issue of Global Finance. Read more here.