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Canada Data Agency Faces Blowback Over Plan to Collect Bank Records

Canada’s national statistics agency is under attack from lawmakers, privacy advocates and the public over a plan to collect citizens’ detailed banking information to help it generate better data......»»

Category: topSource: wsjNov 9th, 2018

Bank of Canada"s Poloz Vows Rate Rises to Be "Data Dependent"

Bank of Canada Gov. Stephen Poloz said the benchmark interest rate will need to move upward but the pace of future increases “will remain decidedly data dependent” given global risks and lower energy prices......»»

Category: topSource: wsjDec 6th, 2018

The Bank Of Canada Blinks - What"s Your Plan?

The Bank Of Canada Blinks - What"s Your Plan?.....»»

Category: topSource: seekingalphaDec 6th, 2018

Marriott Faces Massive Data Breach of 500 Million Customer Personal Records

Data might include names, email addresses, mailing addresses, passport numbers, and credit card info.....»»

Category: europeSource: fortuneNov 30th, 2018

Bank Of Canada To Start Buying Mortgage Bonds As Canadian Housing Market Cools

Ten years ago this week, the Federal Reserve announced it would start buying agency MBS. Asset purchases are now arguably a  standard non-standard monetary policy tool.....»»

Category: blogSource: zerohedgeNov 24th, 2018

This Is What Americans Plan On Buying For Thanksgiving

While recent retail spending data was marginally disappointing, recent Bank of America aggregate credit and debit card data showed a strong back-to-school shopping season which in the past has had a strong correlation with year-end consumer s.....»»

Category: blogSource: zerohedgeNov 21st, 2018

The Turkish Lira Faces an Unwelcome Reminder

Inflation data on Monday will highlight the inadequacies in central bank policy......»»

Category: topSource: washpostSep 2nd, 2018

Exclusive: Canada housing agency pushes for better income checks to catch fraud

Canada's housing agency has asked the country's tax authority to take a "more direct and formal role" verifying income claimed on mortgage applications, part of a two-year plan to tackle mortgage fraud, documents obtained by Reuters show......»»

Category: topSource: reutersJul 18th, 2018

Bank of Canada Raises Key Interest Rate To 1.50%

he Bank of Canada on Wednesday raised its benchmark interest rate by a quarter of a percentage point to 1.50% in response to solid economic data and expectations that exports and business investment will continue to grow......»»

Category: smallbizSource: wsjJul 11th, 2018

USD/AUD (AUD=X) sits near the lower end of its daily trading range

USD/AUD (AUD=X) sits near the lower end of its daily trading range Dollar softer amid lingering trade war fears China central bank to keep yuan stable, helping cool-off market Canada dollar gains on manufacturing data, hig.....»»

Category: topSource: livetradingnewsJul 4th, 2018

Dixons Carphone Hack Affects Nearly 6 Million Bank Cards

1.2 million records containing nonfinancial information were breached. The U.K.'s data-protection watchdog said it's investigating a cyberattack at Dixons Carphone Plc that affected almost 6 million payment cards. .....»»

Category: europeSource: fortuneJun 13th, 2018

Deutsche Bank downgraded, CEO tries to reassure employees

Ratings agency Standard & Poor's has downgraded Deutsche Bank's credit rating, saying the bank's turnaround strategy faces "execution risks" and will take time to show results......»»

Category: topSource: foxnewsJun 1st, 2018

Bank of Canada Seen on Hold Amid Trade Uncertainty, Housing Slowdown

The Bank of Canada is expected to leave its benchmark interest rate unchanged Wednesday as the country faces concern over slowing housing markets and stalled trade negotiations with the U.S......»»

Category: smallbizSource: wsjMay 29th, 2018

IRS blames Tax Day woes on glitch in file that houses personal records

The agency said there was no reason to believe taxpayers’ private data had been breached in the tech meltdown that forced a delay in the tax-filing deadline......»»

Category: topSource: washpostApr 18th, 2018

Currencies: Dollar claws back ground after Beige Book; Canadian dollar sells off after BOC decision

The U.S. dollar edges slightly higher against its main rivals on Wednesday as the British pound falls from a new post-Brexit high on disappointing inflation data, and the Canadian dollar slips as the Bank of Canada left rates unchanged......»»

Category: topSource: marketwatchApr 18th, 2018

Currencies: Dollar strengthens but off its highest levels; Canadian dollar sells off after BOC decision

The U.S. dollar edges slightly higher against its main rivals on Wednesday as the British pound falls from a new post-Brexit high on disappointing inflation data, and the Canadian dollar slips as the Bank of Canada left rates unchanged......»»

Category: topSource: marketwatchApr 18th, 2018

Loonie Drops As Bank Of Canada Holds Rates (As Expected)

With Canadian economic data at its most disappointing in 20 months, domestic trade-wars over oil pipelines exploding, and a housing market on the verge of collapse, The Bank of Canada held rates unchanged (as e.....»»

Category: blogSource: zerohedgeApr 18th, 2018

Canadian banks could be putting customers at risk

AP/Richard Drew The Financial Consumer Agency of Canada released a 26 page report on domestic bank practices last week. The report shows that the retail banking culture encourages employees to sell products with little reg.....»»

Category: topSource: businessinsiderApr 11th, 2018

Deutsche Bank Faces Pressure to Address CEO Succession Plan

Deutsche Bank’s supervisory board faces turmoil and the prospect of losing its two co-heads of investment banking in coming weeks, ahead of a planned Sunday-evening meeting about the future of Chief Executive John Cryan......»»

Category: asiaSource: wsjApr 8th, 2018

Confidence in Japan Stops Falling

Confidence among Japan’s biggest manufacturers was unchanged this quarter after slipping for three consecutive surveys, central bank data showed on Friday. The Bank of Japan’s Tankan report — a q.....»»

Category: topSource: livetradingnews13 hr. 20 min. ago

For The First Time Ever, Bank Of Canada Buys Mortgage Bonds

Three weeks ago we reported that, the Bank of Canada announced for the first time that in order to prop up the sliding Canadian hou.....»»

Category: blogSource: zerohedge16 hr. 21 min. ago