The 'tacit collusion' in how big banks set fees
Investment bankers enjoy a sweet deal. They collect lush fees that rarely seem to go down, no matter how apparently fierce the competition might be or how off-putting their charges may be for customers. Ian McGugan Story
Fixed-income trading buoys National Bank's capital-markets results
Record revenue in fixed-income trading pushed second-quarter results higher at National Bank of Canada's capital markets arm, even as volatility in the markets began to wane. Christina Pellegrini Story
National Bank tightens mortgage rules in bid to reduce risk
National Bank of Canada is tightening its mortgage standards and is restricting the loans it advances outside of Quebec, a move designed to reduce the lender's risk profile amid roaring housing markets in some of the country's biggest cities. Niall McGee Story
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PSP Investment Board looks to Puerto Rico for airport deal
The Public Sector Pension Investment Board is flying into the tropics in search of investment returns, betting on the shopping side of the airport business in its latest deal. Jacqueline Nelson Story
Tax-friendly trades a boon for Scotiabank's capital markets wing
Lower provisions for credit losses, higher trading revenue and a big tax adjustment fuelled a surge in capital markets profit at Bank of Nova Scotia in the second quarter. Niall McGee Story
Is it too late to fix the TSX Venture exchange?
As a potential top stock pick, CanaDream Corp. ticks all the boxes. It has a couple of decades of corporate history, a respected management team, a culture of innovation, good growth prospects, a strong record of profitability and a bargain-basement valuation. Tim Shufelt Story
SPAC sector springs to life behind Alignvest IPO
A record-setting $515-million debut for the second special-purpose acquisition company (SPAC) from Alignvest Management Corp. is expected to breathe new life into the sector by inspiring offerings from rival firms. Andrew Willis Story
Yaletown recruits Open Text's David Harris Kolada, opens Montreal office
Yaletown Partners has gone national by planting its flag in Montréal and introducing new team members, including the head of Open Text's venture program. Story
Imitation game: What to make of the speed bump trend
They say imitation is the highest form of flattery, but that isn't the thought that comes to mind when considering the recent uptake of speed bump technology by U.S.-based stock exchanges. Story