140% and 150% of tangible common equity. Among the Canadian banks, we see CIBC [TICKER:CM] (Canadian Imperial Bank of Commerce) as the most exposed and National Bank of Canada as the least exposed to a potential housing correction.
month to month; that is year over year. That, in turn, got the bond market excited with the prospects of the European Central Bank doing something new. The yield on the U.S. 10-Year Treasury sank back to 2.33% from 2.40% a week ago
there has been ongoing suspicion that interest rates have nowhere to go but up after years of aggressive, or accommodative, central bank policies. If rates move higher, there should be increased demand for sources of capital that businesses need. However
ATHENS, Aug 30 (Reuters) - The European Central Bank (ECB) is ready to adjust its monetary policy further if needed and boost bank liquidity, ECB executive board member Benoit Coeure said in a newspaper report on Saturday.
BOGOTA, Aug 29 (Reuters) - Colombia's central bank raised its benchmark interest rate by a quarter percentage point on Friday for the fifth straight month to keep a lid on inflation as growth quickens, but said falling oil output could begin to crimp demand in the economy.
action next week as traders return from vacation, but the focus will still be on weak euro zone data and the European Central Bank meeting, which should keep driving funds toward the U.S. bo
skeptical about the European Central Bank ’s ability to aggressively ..... conditions. The European Central Bank (ECB) “stands ready ..... inflation well below the European Central Bank ’s (ECB ..... 2013, with the Bank of Japan (BoJ) announcing its
(Adds details, quote, updates prices) * Bonds steady after week-long rally * ECB may disappoint markets by not announcing QE * German finance minister warns on limits of central bank policy * British...
that was made by the Fed in 1937 when it raised rates and prolonged the Great Depression. More recently, the European Central Bank raised rates in 2011 in response to improving economic data only to see the recovery falter and have to reverse
BOGOTA, Aug 29 (Reuters) - Colombia's central bank raised its benchmark interest rate by a quarter percentage point on Friday for the fifth straight month, to 4.50 percent, to